Red Lion

1 London Road, Biggleswade, Bedfordshire, SG18 8ED

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Pub overview

A well known local pub in the market town of Bedfordshire not far away from Biggleswade train station and just off the High street.

The Red Lion is known to the locals as the pub to go to for live entertainment. It features a bar, a seating area for those who would like to enjoy the food on offer and a courtyard outside with a smoking shelter. With the use of a stage and dance floor, the pub has a following for live music which includes karaoke and disco nights. There also is a weekly quiz for the locals to enjoy.

The pub was refurbished back in 2015. We are looking for an operator who is experienced in organising events and loves music to run this pub business. It is in a great location just off the high street on the one way circuit and the town has good transport links along the A1 and also the railway station.

This site is fully tied with access to discounted prices on wines, spirits and minerals and also discount of £144 on our beer.

The Red Lion has 1 bar, a stage, 2 large curved boothed seats, high level drinking space and dance floor space. There is a courtyard with a smoking shelter and a large car park

Trade space
Bars 1
Car park spaces 18
Food covers 20
Trade kitchens 1
Patio areas 1

The accommodation is in fair condition.

Private space
Private Rooms 8
Lounge 1
Single Bedrooms 2
Double bedrooms 2
Private Kitchen 1
Bathrooms 1
Office 1

Rent information

Annual rent £15,600 per annum
Weekly rent £300.00 per week fixed
Notes

£15,600 per annum, £300.00 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.

Entry costs approx £19,175 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of conditions, working capital and deposit (25% of head rent, minimum £6,000).

Brokers £675 Legal £350
Deposit £6,000 Stocktaking fees £150
Fixtures & fittings £5,000 Working capital £4,000
Other costs £3,000 Total entry cost £19,175

Agreement description

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

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.

Calculators to help you are available on the business planning section of our website.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 166 987 4,402
2015/16 204 1,515 6,219
2014/15 209 1,466 6,709
Volume notes

Location

The Red Lion is situated in Biggleswade town centre in Bedfordshire. The pub is just off the High Street and on the one way circuit which the car park is accessible from for visitors for the live music events.

Biggleswade is located about 40 miles north of Central London and 20 miles to the south-west of Cambridge. It is around half an hour from London on the train which the pub is close by to Biggleswade railway station.

Facilities

Trade bar
Car park
Trade kitchen
Trade patio

Current premises licence opening hours

Monday - Wednesday 10:00 - 00:30 Thursday 10:00 - 01:30 Friday - Saturday 10:00 - 02:30 Sunday 11:00 - 00:00

Contact Us

Steve Look

Business Development Manager

Call us today 01284 714 497

Apply online
“ Greene King are looking for an enthusiastic, community orientated operator for the Red Lion who loves live music and ideally has good marketing skills and experience of organising activities for a local community. ”