Lower High Street, Chipping Campden, Gloucestershire, GL55 6AS
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.
|Car park spaces||7|
|Rooms to let||5|
The private accommodation is split into two self contained two bedroom flats, offering ideal accommodation for a family.
|Annual rent||£52,750 per annum|
|Weekly rent||£1,014.42 per week fixed|
£52,750 per annum, £1,014.40 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
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.
|Fixtures & fittings||£7,500||Working capital||£10,000|
|Other costs||£8,000||Total entry cost||£33,150|
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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
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.