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Beer Garden
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External Drinking Area
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Car Park
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Wi-Fi
Property details
The Golden Lion sits in Sedgefield’s charming town near the racecourse and the historic and picturesque Hardwick Hall. Sedgefield is a small town in County Durham. It has a population of around 6,000 people. The town centre has several pubs and shops centred around a village green, but yours will be one of the few sports-centric watering holes. You’ll discover diverse sporting venues in Sedgefield, the most famous of which is Sedgefield Racecourse, a regional thoroughbred horse-racing venue hosting several monthly meets.
You’ll be taking on a locals’ pub with sports at its core. You’ll maximise this unique selling point, as the other pubs in the town are much more food-led. It’s currently wet-led and sports-driven. However, there is a catering kitchen, so you could enhance trade by adding a small food offer. Guests love the large central bar and lounge and the spacious sports area at the back with a pool table and darts.
Externally, the pub also offers a small beer garden and ample parking spaces.
The private accommodation consists of two bedrooms, a kitchen, and a lounge.
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Catering Kitchen
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Team Games
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Pool Area
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Live Sports
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Experienced Operator
Trading style
Are you an experienced sports and community-led Publican with vision? If so, the Golden Lion needs you!
The landlords are reinvesting to reinvigorate the pub and drive the sports offer, but they need the quintessential host and creative marketeer to deliver irresistible events. Could this be you?
You’ll need an active interest in sports and to love the area, as this is a very locals-driven pub. The Golden Lion needs someone with a vision who always wants to enhance the business. You’ll create a small food offer and host events your guests love, ensuring you forge strong community links. The licencing team can be zealous here, so you will have a record of forging strong relationships with licencing and community groups.
The pub needs an experienced operator who loves looking for new ways to drive their business forward.
Key financials
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Reference Number:
9MTS0A / 200819
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£7,000.00
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Annual Rent:
£26,500.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the energy performance certificate is available from the landlord.
Financial Information:
- Deposit = £6,625
- Legal Fees = £375
- Maintenance Fund Per Week = £40
- Fixtures and Fittings Weekly Rent = £121
- Working Capital = £4,000 - £6,000
Business Information:
- Annual Rent = £26,500
- Forecasted Annual Wet Turnover = £369,272
- Forecasted Annual Food Turnover = £49,309
- Forecasted Annual Other Turnover = £4,030
- Agreement = Flexible Tenancy