Golden Lion

69-70 Allhallowgate, Ripon, North Yorkshire, HG4 1LE

IDEAL FOR FIRST TIME OPERATOR

The Golden Lion represents a terrific opportunity for a first time operator to run their first pub business. The pub is community focused and will need an operator who has a passion for ale, willing to implement excellent standards of service and who can create a warm friendly atmosphere, engaging with locals and visitors alike. The site is currently 80% wet led, so offers an excellent opportunity to re-launch a traditional pub food offer. The site is a single bar operation, but has lots of quirky drinking areas dotted around. The site has excellent footfall, being close the town centre, market place and is surrounded by residential homes. An exciting future awaits the Golden Lion, all we need is you.

Location

Ripon is a cathedral city in the Borough of Harrogate, North Yorkshire. Historically part of the West Riding of Yorkshire, it is located at the confluence of two tributaries of the River Ure, the Laver and Skell. 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 tradition of the Ripon Hornblower has endured since the year 886 and continues to this day. It originates with the wakeman of Ripon, whose job in the Middle Ages was similar to that of a mayor. Every day at 9:00 pm the horn is blown at the four corners of the obelisk in Ripon Marketplace. The horn has become the symbol of the city and represents Ripon on the Harrogate borough coat of arms. The Golden Lion is located in a bustling residential area, just off of the busy marketplace. The town is made up of various shops, including high street names as well as various pubs and restaurants

Business Information

Annual rent

£5,000

Weekly rent

£96

Entry costs

£13,400

Turnover royalty

n/a

Forecasted Operator Turnover

£171,298

Forecasted Operator Profit (inc machine profit)

£171,298

Forecasted Operator Machine Profit

£0

Average Beer & Cider Discount*

£144

Type of Tie

Full tie: Access to Discounted Wines, Spirits & Minerals Price List

Agreement

Flexible 1 Year Foundation Agreement - giving you the ability to build trade and have lower ingoing costs. Flexible terms available by negotiation.

Entry costs approximately £13,400.00, 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 £6000. 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 2020 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**

Year Beer (Brls) Wine & Spirits (Ltrs) Minerals (Ltrs)
2020 47 0 531
2019 104 81 1,789
2018 136 1,331 4,678

The pub is a single bar operation, with trade kitchen and toilet facilities on the ground floor. There is approximately forty food covers. There is no off road parking provided.

Trade Bars

1

Trade Dining Areas

1

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

1

Customer Car Park Spaces

0

Current Premises Licence Opening Hours

Sun - Thu: 10.00-00.30
Sat - Sun: 10.00-01.30

The accommodation is in basic condition and comprises two bedrooms, kitchen, lounge, bathroom and office

Private Rooms

7

Lounge

1

Dining Rooms

0

Double Bedrooms

2

Single Bedrooms

0

Bathrooms

1

Toilets

1

Private Kitchens

1

Offices

1

Bedsits

0

BDM Portrait

I am seeking an enthusiastic operator either with or without experience. You'll need to be focused on engaging with the local community and have a passion for cask ale and create a warm, friendly atmosphere. If the Golden Lion excites you, then please contact the recruitment team for further information

Sarah Barron, Business Development Manager

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