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Red Lion, Wrexham

Marford, LL12 8SL

Your investment

£5,000

Agreement Type

Tenancy

The Red Lion is located towards the top of Marford Hill in the village of Marford, in the county borough of Wrexham near the Wales-England border between the ancient city of Chester and the Welsh town of Wrexham. Marford is famous for its quaint looking Gothic cottages and sits among beautiful countryside where there are good walks.

The Red Lion is located towards the top of Marford Hill in the village of Marford, in the county borough of Wrexham near the Wales-England border between the ancient city of Chester and the Welsh town of Wrexham. Marford is famous for its quaint looking Gothic cottages and sits among beautiful countryside where there are good walks. The village is purportedly haunted with Lady Margaret Blackbourne the unhappy spirit who was murdered in the 18th Century by her husband wandering through the village… The Red Lion is one of only two public houses in the village and it is located close to the only retail shop in the village with a large car park serving both the Cooperative Store and The Red Lion. There is a large beer garden to the rear and side of the pub accessed via an outside patio area from the lounge area.

The Red Lion needs an experienced food operator to develop the current limited food offer. The new operator would need to have both the vision and desire to make the Red Lion an integral part of the local community.

Private Accommodation

The private flat, located on the first floor can be accessed externally or from the bar area. It comprises of three bedrooms, a living room, kitchen and bathroom with WC.

 

Annual Rent: £21,000

Security Deposit: £2,000

Working Capital: £1,000

Stock: £2,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

The Red Lion requires an operator with a proven track record and experience in building and running a food business will be required to ensure that this site fulfils its potential. This site has huge potential to be an immensely, attractive and enjoyable place to visit.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed)

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture

Training – This is required when taking on a Business Support Agreement.  Included is an e-learning package for you and your staff and attendance to our ‘Set Up To Succeed’ workshop held at our Head Office in Chester.  Please note, you will be required to attend this workshop before signing a long term tenancy agreement.

Service Charge Cost – £28.01 per week – This is a weekly charge that includes statutory compliance certification (including Annual CP12 and CP42 gas test), cellar cooling services (including full insurance to cover repairs and / or replacements), Health & Safety Essentials (including assessments) and Licensing Support.

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