Beer Garden
External Drinking Area
Coastal
Property details
The Red Lion is a mid-terraced, medium-sized property nestled in the historic market town of Machynlleth. The pub enjoys a prominent position in the town – just off the main square which is the nucleus of the town. Machynlleth has a population of 2,500 plus, many of which are farmers/rural workers, and enjoys a thriving tourist market from Easter onwards. Popular with locals and visitors alike, the Red Lion is a great pub to visit and explore Machynlleth, the beautiful Dyfi Valley, the Cambrian Mountains, and the sandy beaches of the Cardigan Bay coast. Machynlleth is accessible by car via the A487 road, which runs through the town and connects it to nearby areas. The A487 provides connections to major roads such as the A470 and the A44, making it easy to reach Machynlleth from cities such as Aberystwyth, Dolgellau, and Newtown.
On entry to this historic pub, you are greeted by a long bar with open-plan seating areas, for diners and drinkers. To the rear of the main bar, there is access to the outside areas.
The external area includes a sheltered courtyard, the “cave” and a well-appointed rear beer garden that seats comfortably 60 plus guests, with a feature raised area that can be used for visiting bands in the summer or extra seating area.
The Private accommodation is in reasonable condition, split over two floors this consists of four bedrooms, a lounge/ office, a kitchen, a bathroom, and a large ‘Den’ room.
Cask Ale
Catering Kitchen
Live Entertainment
Trading style
Currently, the pub is offering a great range of drinks with offers throughout the week. There is a good food offering including a Sunday roast carvery. Good rhythm of the week with plenty of entertainment.
The ideal licensee should offer a solid range of standard and premium brands on both draught and back bar, with a particular focus on an extensive spirit range, along with a food offering hosting a menu of a traditional pub grub offer. This offering with the implementation of a solid rhythm of the week with immaculate standards, will ensure future success.
Key financials
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Reference Number:
IU3WDL / P04649
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£9,000.00
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Annual Rent:
£17,500.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £17,500
Security Deposit: £5,000
Working Capital: £1,000
Stock: £3,000
F&F: Upon valuation – funding options may be available for the right licensee.