Pubs for sale in Ripley

View the "RETAIL OPPORTUNITY - White Lion" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

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S Martin (Feb 2013)
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Asking price: Price on Application
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Business Description
OVERVIEW
The White Lion is a town centre pub located in the Market Place of Ripley. The pub is wet only and its sales are driven by sports teams and entertainment.

TRADING AREA AND PRIVATE ACCOMMODATION

The White Lion is a fantastic community business. It is naturally split into two halves by the central bar servery. To the rear there is a covered beer terrace which is excellent for smokers. The pub is in great condition as it was fully refurbished both internally and externally in 2015.

The private accommodation is across two floors and has three double bedrooms.

LOCAL AREA AND CUSTOMER BASE

The White Lion is located in the centre of Ripley within the Market Place. There are many shops and amenities within easy walking distance, including banks, a post office and local shops. Ripley town centre benefits from having many residential properties and good bus links to Derby, Nottingham and the surrounding villages.

The pub attracts locals from surrounding villages. Entertainment and sports are the key reasons for customers to visit. There is a weekly entertainment schedule which could be revitalised in order to increase trade. The White Lion offers both Sky and BT sports and can show three different events at any one time.

BUSINESS POTENTIAL

The White Lion currently trades at around £7,600 per week. Sales could be boosted by better marketing of the business and by driving entertainment.

The White Lion would suit an experienced operator who is keen to develop a diverse business. The new operator will need to have an interest in all sports.

Agreement

This pub is available on our retail agreement:
•A five year agreement
•Rent free
•You retain 20% of all sales made
•We pay for all repairs, investment, bills, stock and property insurance
•You pay your staff and council tax on the private accommodation
•Training is provided free of charge
•A £5,000 security deposit and £360 legal fees apply
You will be required to obtain independent advice from a qualified accountant, RICS qualified surveyor and qualified solicitor at your own cost
Listed by: Marstons
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