Golden Lion
69-70 Allhallowgate, Ripon, North Yorkshire, HG4 1LE
A COSY PUB, CLOSE TO THE CENTRE OF RIPON
The beautifully presented Golden Lion at Ripon was fully refurbished in 2021 and offers a modern, yet traditional cosy feel. The pub is known for its quality cask ale, its stunning, partially covered, enclosed beer garden and links to the local community. The new operator will need to grow the business, by further strengthening ties to the community, building the food offer, establishing a rhythm of the week to grow sales. The pub is predominately wet led, only serving Sunday Lunches, although there is opportunity to grow the food business further throughout the week.
Bar
Kitchen
Patio
Location
Ripon is a cathedral city in North Yorkshire. The city is located at the confluence of two tributaries of the River Ure, the Laver and Skell. Historically part of the West Riding of Yorkshire, the city is noted for its main feature, Ripon Cathedral, which is architecturally significant, as well as the Ripon Racecourse and other features such as its market. The Golden Lion is located a short walk from the city centre and in a residential area.
Business Information
Annual rent
£16,500
Weekly rent
£317
Entry costs
£13,400
Turnover royalty
n/a
Forecasted Operator Turnover
£336,598
Forecasted Operator Profit (inc machine profit)
£23,183
Forecasted Operator Machine Profit
£1,000
Average Beer & Cider Discount*
£144
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
1 Year Foundation Agreement. Machine income shared 50/50.
Entry costs approximately £13,400, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is £6,000. Fixtures and Fitting will be rented with weekly payments made.
Deposit
£6,000
Fixtures & Fittings
£0
Legal Admin Fee
£350
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£5,000
Other Costs
£1,150
Total Entry Costs
£13,400
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. All figures represent products bought from Greene King only. **Please note trading volumes for year 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2023 | 219 | 88 | 8,273 |
| 2022 | 203 | 153 | 8,447 |
| 2021 | 115 | 10 | 4,480 |
Upon entry the central bar is to the left and the trading area surrounds; with a more private seating area to the rear of the bar. Through a corridor are the toilets and then the spectacular hidden gem beer garden.
Trade Bars
1
Trade Dining Areas
0
Trade Kitchens
1
Trade Food Covers
40
Trade Gardens
0
Trade Patio Areas
1
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
0
Current Premises Licence Opening Hours
Sun - Thu: 10.00-00.30
Sat - Sun: 10.00-01.30
The accommodation comprises 3 bedrooms, lounge, kitchen, bathroom and office.
Private Rooms
7
Lounge
1
Dining Rooms
0
Double Bedrooms
3
Single Bedrooms
0
Bathrooms
1
Toilets
0
Private Kitchens
1
Offices
1
Bedsits
0
This lovely pub would ideally suit a local owner operator/couple, who can build on the existing rhythm of the week and cask ale quality. As the pub is currently only serving food on Sundays, the ability to serve a basic pub menu throughout the week would be an advantage to help build upon the existing trade and further establish this pub is this attractive city.
Kevin Shears, Business Development Manager
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