01283 501999

Red Lion

Red Lion, 90 Thoroughfare, Woodbridge IP12 1AL, UK
Initial Ingoings*:
£5,295
Exp. Earnings:
£41,058
Facilities
  • Accommodation (Private)
  • Beer Garden
  • 18 Spaces Car Park
  • Cask Ale
  • 56 Covers Catering Kitchen
  • Live Sports
  • Wifi

Overview

Looking to run a pub?

Trading as a high street mainstream pub in the heart of the popular local and tourist town of Woodbridge in Suffolk, the Red Lion has an independent and quality look and feel. The pub is Cask Marque accredited and there’s a clear opportunity to build on recent good trading by developing the retail offer to include an extended range of food to complement a strong range of draught and bottled drinks. It requires some great ideas, clever marketing and building a buzz – and the ability to hit the ground running, as there’s plenty of competition nearby.

Business facilities

This well-kept pub trades from an open-plan bar area, with plenty of room for diners too. The catering kitchen is a good size, allowing tasty, traditional dishes to be prepared with ease for up to 56 covers. Sky Sports and free WiFi are offered. The exterior of the pub is very inviting to regulars and new visitors alike. To the rear, there’s a public garden space, which allows for prominent blackboard signage. The pub also offers an outside drinking area, which is popular with shoppers in warmer months, a smoking solution and car parking space for 18 vehicles.

Accommodation

The domestic accommodation consists of three bedrooms and a lounge. Punch will ensure that this accommodation is in good order.

About the local area

An affluent town near Ipswich, Woodbridge is a pretty riverside town with a rich and proud history. It sees significant seasonal trade, peaking in summer months. With a buzz all of its own, the town really comes to life during its annual seafood festival, though visitors come here all year round to enjoy the picturesque harbourside, living museum, shops and cafes – and to visit the world-famous Sutton Hoo site, which is just a few miles away. There are plenty of schools here, and with a railway station and the A12 leading into the heart of London, transport links couldn’t be better.

This pub may suit

This pub would be ideal for a committed and experienced publican with good food knowledge and a strong track record, possibly within a busy high street setting. Some degree of local knowledge would also be beneficial.

About the Contract

Our retail contract is a fantastic way to run a pub on a self-employed basis, but have the comfort and support of knowing that we are right beside you to guide you through this business venture

You’ll have the peace of mind knowing that the fixed costs associated with running a small business are not yours. Leaving you free to focus entirely on delivering a great retail offer to drive sales and profit.

What’s on Offer

  • Low cost entry
  • Self-employed
  • A ready-made pub with tried and tested food and drinks offers
  • 3-year contract (3-month notice period) rent free
  • Most of the day to day running costs are covered by us
  • LOTS of support from Punch
  • Accommodation included
  • 5-day Induction course – free of charge is provided together with additional on-going training, a support package and a dedicated Punch Development Manager to help you develop your business

You only pay for:

  • Labour
  • Consumables
  • Internal Maintenance

* The calculation of the initial ingoing costs assumes a minimum deposit (£3,000 or £5,000) plus legal fees. The subsequent deposit build up can be paid over the term of the contract and up to £100 per week. This can be discussed with the Punch Development Manager

 

Business Information

Initial Deposit*
£5,000
Legal Fee
£295
Working Capital
£2,000
Maintenance Fund Per Week
£40
Forecasted Annual Wet Turnover
£335,675
Forecasted Annual Food Turnover
£216,667
Forecasted Annual Other Turnover
£7,973
Street Check
Click Here

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