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External Investment Planned

Red Lion

Quebec Street, Dereham, Norfolk, NR19 2DJ

Ingoing Cost: £5,335
Annual Rent: £18,000

Features
Trading style
Key financials

Property details

New Deal Available!

The Red Lion is a historic 17th-century building that originally operated as a coaching inn. Located in the heart of Dereham, the property retains its character with distinctive gable dormers and has long served as a well-established community pub, most recently trading under The Pub Company Pubs.

The interior is arranged across a single level, featuring a centrally positioned bar along the rear wall. The space offers a mix of fixed and flexible seating for around 30 covers, alongside traditional pub games including a dartboard and pool table.

The Red Lion presents an excellent opportunity to take on a characterful pub in a prime Norfolk location. With its rich heritage, central position and strong local following, this site offers significant potential for an operator looking to develop a successful and vibrant business.

Private Accommodation

Accessed via the rear of the pub and set out above the pub, there are 2 bedrooms, a lounge, a separate kitchen, and a bathroom.

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Team Games

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Pool Area

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Live Sports

Trading style

This is the first time The Red Lion has been available to the tenancy market in a number of years, and they are seeking an independent Community Pub operator keen to attract the local community and tourists alike. This could be an ideal first pub opportunity.

Key financials

Reference Number: FH4FW1 / 032165
Agreement Type: Tenancy

Min Ingoing Cost: £5,335.00
Annual Rent: £18,000.00

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.

Business Details

Forecast Turnover:	£328,241 pa
Forecast Wet Turnover:	£307,901
Forecast Dry Turnover:	£19,781
Forecast Other Turnover:	£560
Guide Rent Annual:	£18,000

Financial Details

Full Deposit:	£4,500
Potential Full Tie Release Fee:	£71,750
Agreement Fee:	£835
Repair Fund:	£77 pw
Fixtures / Fittings:	£96 pw

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