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Beer Garden
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External Drinking Area
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Function Room
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Restaurant/Dining
The Red Lion Hotel is located centrally in the heart of Luton’s town centre making it a fantastic location for those needing to stay centrally within the town.
This hotel is just a five minute walk from Luton train station. For customers travelling in from further afield, The Red Lion is only 10 minutes by car from Luton Airport. Free parking is also available with space for 8 cars.
There 17 rooms with the option of single, twin and doubles depending on guests needs. This site is creatively zoned for drinkers, diners, sports fans and boasts it’s own pool room. There are 8 function rooms to cater to a wide variety of events.
There is a two-bedroom flat with living area, kitchen and bathroom in great condition.
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Cask Ale
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Catering Kitchen
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Team Games
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Pool Area
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Live Entertainment
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Live Sports
I strongly believe the future of this site is very bright as this venue can cater to all customer types on any occasion, this site can continue to be a hub for all customers on any occasion with such natural draw based on its ideal location for high footfall. The desired operator will be able to execute a multi-purpose all hours offer. As Regional Manager I very much look forward to supporting in any way possible.
The ideal publican for this site will have experience in managing a large multi-purpose venue with the drive to lead a strong number of staff to provide a fantastic guest experience to all customer types. Food experience also imperative as this site can provide a quality food offer for all dining occasions.
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.
Forecast Turnover: | £1,001,889 pa |
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Forecast Wet Turnover: | £446,288 |
Forecast Dry Turnover: | £308,627 |
Forecast Other Turnover: | £246,974 |
Guide Rent Annual: | Guide Rent £39,000 |
Full Deposit: | £9,750 |
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Potential Full Tie Release Fee: | £63,000 |
Agreement Fee: | £750 |
Repair Fund: | £4,000 |
Fixtures / Fittings: | £50,000 |
Working Capital: | £58,500 |
FindMyPub.com gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
The information and images displayed about this property comprises a property advertisement. FindMyPub.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and FindMyPub.com has no control over the content.