Red Lion

Lower High Street, Chipping Campden, Gloucestershire, GL55 6AS

Gallery

(Click to enlarge)

prev next

Pub overview

A rare opportunity for a pub of this quality to come on the market in this highly desirable location on a lease transfer.

The pub is available on a lease transfer from the current lessee.There are 4 years left on the current lease and there is an opportunity to extend this with the right partner.
The pub benefits from 2 bars/5 letting rooms and 2 good sized managers flats.The pub has car parking for 7 cars and a large beer garden/patio.

YOU WILL HAVE TO CONTACT THE TENANT DIRECT TO DISCUSS PURCHASING THE LEASE

CONTACT: Tracy Lloyd - 01386 840760

Operator profit/turnover can be discussed with tenant.

Two bars downstairs, 1 x upstairs drinking/dining area,5 letting rooms, large garden/patio.

Trade space
Bars 2
Car park spaces 7
Dining rooms 1
Food covers 50
Function rooms 1
Gardens 1
Trade kitchens 1
Rooms to let 5
Patio areas 1

2 x large separate flats.

Private space
Private Rooms 12
Lounge 2
Double bedrooms 4
Private Kitchen 2
Bathrooms 2
Toilets 2

Rent information

Annual rent £47,000 per annum
Weekly rent £903.85 per week fixed
Notes

£47,000 per annum, £903.85 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Entry costs approx £57,820 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000). Costs include a £40,000.00 premium for the lease. A lease extension on the current agreement can be negotiated.

Brokers £675 Legal £995
Deposit £6,000 Stocktaking fees £150
Fixtures & fittings £0 Working capital £10,000
Other costs £40,000 Total entry cost £57,820

Agreement description

THIS IS A LEASE TRANSFER

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)
2016/17 110 11 3,259
2015/16 110 22 2,982
2014/15 114 3,643
Volume notes

Location

Chipping Campden is a small market town in the Cotswold district of Gloucestershire, England. 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.

Facilities

Trade bar
Car park
Dining area
Function room
Pub garden
Trade kitchen
Letting rooms
Trade patio

Current premises licence opening hours

Friday and Saturday: 08:00hrs - 02:00hrs Monday - Thursday: 08:00hrs - 01:00hrs Sunday - 08:00hrs - 00:00hrs

Contact Us

Nigel Aaron

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ The Red Lion is situated in the beautiful Cotswold town of Chipping Campden.The pub benefits from 5 letting rooms as well as two bars and two separate managers flats. ”