Red Lion

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

Gallery

(Click to enlarge)

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Pub overview

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

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 multi-faceted business operates with an open plan bar and dining room, a large separate public bar and 5 quality letting bedrooms.

The heart of the pub is an open plan bar / dining area with additional dining space on the first floor. A separate 'stable bar' provides traditional pub games and a public bar feel.5 quality letting bedrooms are housed in a separate cottage across the courtyard.

Trade space
Bars 2
Car park spaces 7
Dining rooms 1
Food covers50
Gardens 1
Trade kitchens 1
Rooms to let 5
Patio areas 1

The private accommodation is split into two self contained two bedroom flats, offering ideal accommodation for a family.

Private space
Private Rooms12
Lounge2
Double bedrooms4
Private Kitchen2
Bathrooms2
Toilets2

Rent information

Annual rent£52,750 per annum
Weekly rent£1,014.42 per week fixed
Notes

£52,750 per annum, £1,014.40 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 £33,150 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). *Please note that the F&F is shown as 25% deposit of the full cost due to an assisted purchase being available for the right operator.

Brokers£675Legal£825
Deposit£6,000Stocktaking fees£150
Fixtures & fittings£7,500Working capital£10,000
Other costs£8,000Total entry cost£33,150

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

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

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2017/188773,170
2016/17110113,259
2015/16110222,982
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
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

Mark Horton

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ A rare opportunity to run this picturesque Cotswold Inn located at the heart of a bustling Market Town. Experience of operating an accommodation business would be an advantage, but not essential. ”