Red Lion Inn Holywell
Llanasa, Holywell, Clwyd, CH8 9NE
Red Lion Inn Holywell
Great Location - The Red Lion occupies a fantastic balance of location in Llanasa; surrounded by beautiful north Wales countryside but with excellent links to nearby villages and Prestatyn. As a result, there are over 78,000 people living within a 20 minute drive. Nearby attraction spots such as The Fisheries and Prestatyn Golf Club will attract customers looking to experience a quality local offering in beautiful surroundings.
Contemporary Refurbishment Planned - An extensive refurbishment will transform the Red Lion into a truly premium venue with a vintage feel. The refurbishment will introduce an updated and contemporary interior, with a refreshed dining area being a standout feature in the local area.
Five letting rooms will provide the operator with multiple income streams, as the pub will appeal to customers looking for an idyllic getaway. This thoughtful regeneration will place the Red Lion at the centre of the local community, whilst still creating a premium destination feel and the capacity to cater for 100 covers.
Fantastic Potential - With the right management, the Red Lion is set to become a real gem in the local area. This is a pub with great potential, all we're missing is the right person to drive it forward. So, could that be you?
Pub Features
Trading Area & Facilities
There are 5 en-suite letting rooms, function room, catering kitchen to compliment the offer.
Externally you have a fantastic outside trading area and a car park.
Private Accommodation
Premises Licence Details
Premises Licence Opening Hours
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 11:00 - 23:30 | 11:00 - 23:30 | 11:00 - 23:30 | 11:00 - 23:30 | 11:00 - 00:30 | 11:00 - 00:30 | 12:00 - 23:00 |
Financials
| Annual Rent | £ 43,000 |
| Estimated Tenants Annual Operating Profit | £ 45,342 |
| Representative HEINEKEN UK Brand Discount Per Barrel | £ 135 |
| Estimated Annual Turnover | £ 444,407 |
| Estimated Annual Barrelage | 104 |
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“The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details). ** All figures quoted are exclusive of VAT *** FMOP = Fair Maintainable Operating Profit |
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Investment
| Ingoing Costs | |
| Estimated Licensee Fixtures & Fittings Value | £ 32,713 |
| Estimated Fixtures & Fittings Valuation Fee | £ 250 |
| Estimated Stock Valuation | £ 6,000 |
| Deposit Amount | £ 10,750 |
| Rent In Advance | £ 827 |
| Training Fee | £ 1,000 |
| Estimated Designated Premises Supervisor / Manager Fee | £ 60 |
| Premises Licence Fee | £ 295 |
| Rates Assessment Fee | £ 55 |
| Estimated Legal Fees | £ 650 |
| Estimated Total Ingoing Costs | £ 52,600 |
| Estimated Minimum Ingoing Costs | £ 12,720 |
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In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds. |
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| Other SP&B Ongoing Charges | |
| Estimated Annual Buildings Insurance | £ 1,683 |
| Estimated Annual Maintenance Compliance Charge | £ 1,565 |
| Estimated Annual Accountancy & Stocktaking Charge (including tills) | £ 6,108 |
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The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details) * All figures quoted are exclusive of VAT ** Deposit build up will be payable over a maximum of 24 months *** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry **** Maintenance Compliance Charge relates to the fees for various statutory inspections ***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate ****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased |
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