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A TOURIST PUB CONSTRUCTED OF COTSWOLD STONE, IN BEAUTIFUL CHIPPING CAMPDEN.
The Red Lion is Grade II listed, full of character and reputed to date back to 1630. It occupies a prominent corner plot on Chipping Campden High Street, opposite the start of the 'Cotswold Way' a popular walking route. The pub benefits from 5 rooms to let, a wonderful garden with gazebo and its own function room. The site is trading at an approximate split of 60/40 in favour of drink. The pub is full of character and charm, bringing roaring fires, beams and stone flooring. The pub is popular with tourists and locals alike and ensuring you are attracting those tourists during peak season, but also keeping the locals coming back all year round should be at the heart of your business plan.
Chipping Campden is a small market town in the Cotswold district of Gloucestershire. It is notable for its elegant terraced High Street, dating from the 14th century to the 17th century, the same element is found in other towns such as Chipping Norton, Chipping Sodbury and Chipping (now High) Wycombe. A rich wool trading centre in the Middle Ages, Chipping Campden enjoyed the patronage of wealthy wool merchants, most notably William Greville (d.1401). Today it is a popular Cotswold tourist destination with old inns, hotels, specialist shops and restaurants. The High Street is lined with honey-coloured limestone buildings, built from the mellow locally quarried oolitic limestone known as Cotswold stone, and boasts a wealth of fine vernacular architecture. At its centre stands the Market Hall with its splendid arches, built in 1627. Other attractions include the grand early perpendicular wool church of St James – with its medieval altar frontals (c.1500). The town falls in 'Campden-Vale' electoral ward. This ward stretches north from Chipping Campden to Mickleton. The total ward population taken at the 2011 census was 5,888. In Local Government Chipping Campden is represented by a Town Council of 11 Councillors. One Councillor is selected to serve as Mayor for a term of 12 Months. Chipping Campden Council meets on the second Tuesday of Every Month in Chipping Campden Town Hall. All Council Meeting are open to the public with time set aside for public questions. There are proposals for new stations at Withington and Chipping Campden on the Cotswold Line. A long-standing proposal for a new station at Worcester (Norton) Parkway where the line crosses the Birmingham and Bristol Railway has now substantial funding. The plans and proposals are now available on Worcestershire County Council website and the public consultation period has begun.
Forecasted Operator Turnover
Forecasted Operator Profit (inc machine profit)
Forecasted Operator Machine Profit
Average Beer & Cider Discount*
Type of Tie
Partial tie: Tied All Beer, All Cider, Minerals & Spirits
Standard Tenancy Agreement. A fixed 5 year term
Entry cost is approximately £38,875 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (deposit to be paid on change day is £6,000 which will need to be built up to £12,500 at a rate of £125 per week for 52 weeks). Please note Fixtures and Fittings are estimated at approximately £30,000. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period.
Fixtures & Fittings
Legal Admin Fee
Total Entry Costs
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**
|Wine & Spirits (Ltrs)
The heart of the pub is an open plan bar/dining area with an additional dining space on the first floor. The function room can be found to the rear. There are 5 letting bedrooms housed in a separate cottage across the courtyard.
Trade Dining Areas
Trade Food Covers
Trade Patio Areas
Trade Rooms to Let
External Child Play Areas
Customer Car Park Spaces
Current Premises Licence Opening Hours
Mon -Thu: 08:00-01:00
The accommodation comprises 4 bedrooms, kitchen, lounge, 2 bathrooms and 2 toilets.
I am looking for an experienced operator with a strong food and rooms background. You will need to understand a seasonal business and how to maximise the opportunity in a tourist town and link into local events which are numerous. This is a fantastic opportunity to live and develop a successful business in the beautiful Cotswold Town of Chipping Camden.
Bruce Wakeling, Business Development Manager
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