Pub Overview
The area
The Red Lion is located in Burnham between the town of Maidenhead and Slough. The pub is on the High Street opposite the church and surrounded by several local shops.
The Demographics
The pub benefits from being one of 9 pubs found in an area of around 5,075 adults. The main customer base is made up of families, young adults, and mature adults.
The offer
Available on our foundation tenancy agreement. The potential of this pub lies in introducing a straightforward food & drinks offer. What food & drinks would you look to implement in the pub?
The site currently has the ability to drive trade via live sports, selection of pub games, such as pool and pub games machines.
We’re always open to new ideas, what would you do to drive trade?
Attitude is more valuable than experience. If you’ve got the following, we’d love to hear from you:
1. Understanding of the local community and know the area well
2. You know what it takes to build a successful business
3. You love hospitality and are great with customers
4. You can build pool/darts and football teams
5. Good events to draw in customers
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter...
Features
1. Foundation Tenancy
2. Catering Kitchen
3. Private Accommodation
4. Outdoor Trade
5. Live Sports
Trading Area & Facilities
1. Open plan bar
2. Separate dining area
3. 60 internal covers
4. 50 external covers
5. Fully equipped Catering kitchen
6. Garden to rear and patio area to front
Private Accommodation
Private accommodation consists of 3 bedrooms, a living room, kitchen, bathroom.
Pub Financials
Estimated Total Ingoing Costs: £49,267
Estimated Minimum Ingoing Costs: £14,143
Annual Rent: £31,719
Estimated Annual Turnover: £453,290
Deposit: £7,930
Estimated Fixtures & Fittings Value: £29,837
Estimated Stock Valuation: £8,000
Estimated Working Capital: £3,500
The above figures are provided as a guide only and will be finalized as part of the commercial agreement. All figures quoted are exclusive of VAT.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalized at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build-up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Downloads
1. Demographics Report Download
2. Energy Performance Certificate Download
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