Overview

Could you run this pub in Islip?

The Red Lion is a beautiful Oxfordshire pub that sits on the High Street in Islip near Kidlington. It is a charming, characterful pub with impressive wooden and stone features, and paired with its varied offer of a morning coffee and a pastry, light lunches and a relaxing evening meal there is something for everyone. The pub boasts two large garden areas with great potential to offer BBQ’s, gin festivals, community events and special occasions. The Red Lion has a great reputation for its cask marque accredited ales, all round quality and even features in the Good Pub Guide 2020.

As you enter the pub the bar area is to the left. It has a cosy feel with a feature open fire place with a log burner and traditional stone flooring. To the right of the bar is the restaurant which can cater for up to 50 diners. This area then leads out on to the beer garden. In addition to this there is a separate function room that can be hired out for private parties and meetings.

About the local area

The Red Lion is located at the heart of Islip, a village and civil parish on the River Ray in Oxfordshire, famous for being the birthplace of Edward the Confessor. It is close by to both Kidlington and the City of Oxford, meaning the village benefits from the tourism that Oxford attracts and is easily accessible via the villages own train station. The area boasts beautiful scenery and is a walkers and cycling paradise.

Ideal operator

The Red Lion is the perfect pub opportunity for a live-in operator with good knowledge of the area and it’s opportunities. You will have a passion for delivering top quality food, beer and a great range drink offer. You will be keen to engage with the community, placing both the customers and team at the heart of everything the pub offers. You will have a passion for delivering excellent customer service and will see the importance in maintaining its loyal customers as well as tapping into a new audience through marketing and social media.

Accommodation

This fantastic pub opportunity comes with spacious domestic accommodation that consists of four bedrooms, a private kitchen and lounge.

About the Agreement

This opportunity is available on our Turnover Lease Agreement, that reflects how your business performs. You pay a fixed rent plus a percentage of your weekly net sales turnover.

  • A 10 year fixed term agreement
  • Fixed base rent & variable turnover percentage
  • Beers, Ales & Ciders tie (equivalent to FOT pricing)
  • Free of tie on wines & spirits
  • 50% machine profit
  • Base rent weekly in advance: Variable rent weekly in arrears – using EPOS
  • Indexation each year – 5 year rent review

Financial Information

Initial Deposit*
£6,251
Full Deposit
£6,251
Legal Fees
£750
Fixtures and Fittings Weekly Rent
£128
Street Check
Click Here

Business Information

Annual Rent
£25,001 + 8% of turnover
Forecasted Annual Wet Turnover
£226,120
Forecasted Annual Food Turnover
£155,831
Forecasted Annual Other Turnover
£7,137
Agreement
Lease

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