Red Lion

Chapel Lane, Blewbury, Didcot, Oxfordshire, OX11 9PQ
Get directions Printable letting details Floorplans EPC Premises Licence

Letting Details

Description and Trading Style

This is a beautiful country village pub with a strong reputation for food and drinks and particular for being at the heart of village life. It is well located to attract diners to a good quality food offer and drinkers from the local villages.

Location and Local Amenities

Situated in the village of Blewbury just off the busy A47. A few miles from Wantage and an easy drive from Reading and Oxford. There is a primary school in the village and there are other amenities in the nearby larger towns.

Accommodation

Trade: 36 cover restaurant, bar area, open fire and seating, approx. 28 covers, WC's including disabled, fully fitted trade kitchen and cellar. Three ensuite letting bedrooms, 1 double, 1 twin and 1 twin/family. Car park and good sized trade garden, approx. 60+ covers.
Private: 1 double bedroom with shower and WC ensuite, living room and small office.

Current and Future Markets

We see this pub continuing its success by serving its loyal customer base and villagers. The business could possibly be expanded by increased marketing of the bedrooms and as a destination food offer.

Requirements

Quality couple with excellent food skills, who would like a business where they can become part of the village and run a growing food led pub with accommodation. Applicants must have or be apply to apply for Personal Licence.

Estimated Ingoings

Circa £17,500 to include a deposit (3 months of base rent), rent, service charge and insurance advance, stock, glassware, loose goods, training contribution. Fixtures & fittings are circa £18,000 and working capital is circa £5,625..

Trade Volumes 2017 2018 2019 To 19.8.20
Draught Beer and Cider (36 gallon units) 47.30 50.99 47.59 13.85
Packaged (litres) 193.04 184.92 234.88 31.68
Minerals (10 litres) 86.57 79.95 85.95 16.16
Spirits (litres) 62.80 80.65 86.50 8.55
Wines (litres) 2,223.71 1,803.95 2,255.83 373.50

Estimated Turnover

You will need to estimate the turnover you expect from the pub. The current barrelage is given to assist you with calculations, but you need to estimate the food sales.

Guide Rent

Post Covid rent will be stepped for new tenants in year one to help build the business - steps to be agreed. Annual rent is £45,000 payable weekly in advance by direct debit. Retail Price Indexation applies to rents.

Terms

Five year renewable tenancy agreements with an additional service charge that covers property insurance, servicing of heating and cellar cooling equipment etc. There is a full wet tie unless agreed otherwise.

Rateable value

Draft 2017 rateable value is £12,750. Please contact the local authority for actual rates payable.

Licenses & Permits

Sale of alcohol by retail for consumption on and off the premises.

Permitted hours

Mon - Sat: 11.00am - Midnight; Sun: Noon - 11.30pm

Current Offerings

Serves Food
Stay the night 
Places to Walk
Garden / Patio
Family friendly
Sports free zone 
Disabled access 
Dog friendly 
Park the car
Wifi access 

Current Opening Times

Opening times: Mon – Fri – 12pm -3pm & 5pm – 11pm, Sat – 12pm – 11pm,
Sun 12-9
Food times: Tues – Sat – 12pm -2pm & 6pm – 9pm, Sun – 12pm – 3pm