Red Lion Inn Holywell

Llanasa, Holywell, Clwyd, CH8 9NE

  • Red Lion Inn Holywell

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

  • Rolling Tenancy
  • Letting Rooms
  • Function Room
  • Catering Kitchen
  • Live Sports
  • Private Accommodation
  • Cask Ale
  • Weekly Billing

Trading Area & Facilities

The refurbishment will feature cosy leather armchairs, real log fires and the addition of darts and HD TVs will provide the perfect setting for locals to enjoy the fantastic drinks range, whilst the dining area, with feature curved booths and pendant lighting, will provide the perfect country-pub setting for any occasion.

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

Private accommodation at the Red Lion consists of three bedrooms, lounge, kitchen, dining room and bathroom. Which are all decorated to a good standard and as part of our promise to you, we will ensure your private accommodation is in good order from day one so that you can focus your energy on getting the business right.

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

“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

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

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

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

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