Red Lion
 
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Location: Plymouth Private Bedrooms: 3 doubles
Bars 3 Beer Tie: No
Restaurants: No Price: Offers on £35,000 + SAV Leasehold
Garden: Yes Reference No: TSC 0969
Commercial Kitchen: No    
Letting Rooms: Possible    
Description

Free of tie character public house which benefits from a recent extensive refurbishment of the trade areas while retaining many original features.

The main bar has part exposed stonework, feature fireplaces and beamed ceiling.  Steps down to the lower bar with pool table.  Steps up to the lounge area with plasma screen for sports events.  Outside is a walled beer garden with large BBQ and the cellar with ring main system and delivery doors.

The private accommodation consists of 3 double bedrooms, kitchen, large lounge and shower room over the first and second floors.

The pub hosts two pool teams and 2 darts teams and hosts poker and karaoke nights as well as regular Friday and Saturday night entertainment.

The current opening hours are 10am to 11pm Sunday to Thursday and 10am to midnight/1pm on Friday and Saturday depending on trade.  The pub is licensed to open from 9am to 2am Monday to Saturday and 10am to midnight on Sundays.

We have not had sight of accounts but are informed the turnover is currently around £3,000 per week gross on wet sales only with a reconstituted net profit of approx £40,000.  Full details of accounts will be made available to genuine applicants.

The lease is from County Estates for 25 years from May 2006 on full repairing and insuring terms.

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Additional Information

All prices and rents quoted are exclusive of VAT where chargeable

Viewing strictly by appointment with the Agents, Taylor Son & Creber Tel 01752 202035

For Financial Packages please click here

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