Free of tie*

*Affluent Hertfordshire village*

* Refurbishment planned*

* 5 letting bedrooms*

*Busy village shop*

LOCATION ~

The

Red

Lion

is

well

located

in

the

affluent

village

of

Offley,

which

is

off

the

main

A505

between

Hitchin and Luton.

AGREEMENT ~

Three

year

rolling

tenancy

which

benefits

from

being

‘free

of

tie’,

with

a

private

owner.

The

guide

rent is £45,000 pa.

INGOING COSTS ~

The ‘initial’ ingoing is likely to be in the region of £20,000;

this is to cover the purchase of fixtures & fittings, stock, deposit etc.

TRADING AREAS ~

The Red Lion currently accommodates the ‘village shop’

(the owners are happy to consider all options for this),

lounge bar, conservatory restaurant, lawned beer garden,

5 motel- style letting bedrooms & a catering kitchen.

SUITABLE APPLICANTS ~

The

owners

are

seeking

operators

with

the

vision

and

drive

to

take

full

advantage

of

everything

the

Red

Lion

has

to

offer

with

its

fantastic

location,

trading

areas

and

planned

refurbishment.

Experience

of

operating

letting

rooms

and

a

busy

food

led

business

is

preferable.

Additionally,

the

skill

to

develop

the

Red

Lion

business

with

a

bespoke

lunch

and

evening

menu

will

create

new

business

opportunities.

Strong

commercial

and

financial

skills

are

also

required,

together

with

a

passion for providing fantastic hospitality.

VIEWING: Viewing is strictly via appointment through FRED BARRETT AND SON. Please telephone us on (01908) 281542. PLEASE DO NOT APPROACH THE EXISTING LICENSEE IN THIS MATTER. Please note that whilst every care has been taken in preparing these details, much of the information has been obtained from the Landlord (Brewer) or third party sources. All statements as to fact or opinion should be checked by the Purchaser. Whilst every endeavour has been made to ensure that the particulars given are correct, their accuracy cannot be guaranteed. These details do not constitute an Offer, Contract or Warranty. All particulars are subject to your verification and accuracy cannot be guaranteed. Details are issued on the strict understanding that all negotiations regarding this property are conducted through FRED BARRETT AND SON who will then deal with all matters appertaining to the Change.

info@fredbarrettandson.com| Tel: 01908 281542

THE RED LION P.H.,

KINGS WALDEN ROAD

OFFLEY

HERTS

SG5 3DZ.

UNDER OFFER