Overview

Could you run this pub in Leighton Buzzard?

The Red Lion is a charming wet-let pub located at the heart of Leighton Buzzard. The pub oozes character, set in a 17th Century Grade II Listed building it has low ceilings, impressive beams and a main bar that resembles a cosy lounge. The pub has a great reputation for its quality cask marque accredited ales and is well-loved by locals for its entertainment offer including quiz nights and themed evenings.

Guests enter the Red Lion into a spacious drinking area that houses a warm atmosphere and features a mixture of soft furnishings. Opposite this is the games area which includes a pool table, darts board, gaming machines and a juke box. The pub also boasts a beautiful beer garden to the rear of the pub with plenty of seating to enjoy a cold pint in the sunshine.

About the local area

Leighton Buzzard is a buzzing market town in Bedfordshire. Nestled among many major towns and cities including Milton Keynes, Cambridge, Buckingham and London it is the perfect place to use as base for a break and to amble around a picturesque market town. Leighton Buzzard has several major attractions of its own and is home to one of the most popular narrow gauge railways in the country. Famous for its role in 1963’s Great Train Robbery a feature film, Robbery, was shot in Leighton Buzzard. The town also boasts a lovely canal with many walking trails that follow along its banks.

Ideal operator

This is the perfect opportunity for an experienced Publican with knowledge and a passion for the area. You will have great standards in order to maintain the pubs reputation for quality cask ales all while placing the community at the heart of everything you do. You will also have the skill to market the pub to continue to entice both locals and those who come to explore the area through the pub’s doors.

Facilities

This fantastic pub opportunity comes with domestic accommodation that consists of two bedrooms and a private lounge.

About the Agreement

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.
You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager

Financial Information

Initial Deposit*
£6,000
Full Deposit
£6,062
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£72
Working Capital
£2,000 - £4,000
Street Check
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Business Information

Annual Rent
£24,246
Forecasted Annual Wet Turnover
£266,054
Forecasted Annual Food Turnover
£3,813
Forecasted Annual Other Turnover
£5,902
Weighted Average Discount Per Barrel
£181
Agreement
5 Year Tenancy

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