Tenancy - Red Admiral, Runcorn
The Red Admiral is a busy wet led, community sports pub with a strong local following. A popular pub for team games, quizzes and provides live entertainment at the weekend. It recently underwent a thorough refurbishment and is in very good condition.
We are looking for an experienced licensee who can develop this site further. There is also the opportunity to develop the cask ale side of the business with the right licensee.
Entry cost from: £9,800.00
Annual rent: £13,000.00 per annum
Agreement Tenancy – Foundation (Core)
Type of Tie: Partial tie: Tied All Beer, All Cider & Minerals
The Red Admiral is situated in Runcorn in the middle of a densely populated housing estate from which it attracts large footfall.
CURRENT PREMISES LICENCE OPENING HOURS
Monday-Wednesday: 09:00 - 01:00 Thursday-Sunday: 09:00 - 02:00 About the business
The site consists of one main bar which serves separate bar and lounge areas. There are big screens in both rooms as live sports are a strong feature of the pub. The lounge area is also used for dining and provides up to 60 covers. There is also an area for entertainment at weekends. There is a small patio area to rear of the site where external drinking / dining can take place.
The private accommodation consists of 3 bedrooms, a lounge, kitchen and bathroom.
Entry costs approx £9,800.00 which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, working capital and deposit (25% of head rent, minimum £6,000). Fixtures and fittings are yet to be valued
You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations. Calculators to help you are available on the business planning section of our website
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