Pubs for sale in Cheadle

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Well-Established Pub and Restaurant With Accommodation

Cheadle, Staffordshire, England

  • Freehold Price: £499,995  Price Reduced arrow_drop_down
  • Turnover: £337,747
  • Gross Profit: £198,460
Seller Reference: B05917
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05917
Request Details
Business Description
Business
Please quote reference B05917

Hilton Smythe is welcoming to the market The Red Lion Inn at Boundary. An extremely popular and well-established pub restaurant, with an outstanding reputation.

The pub has been established and open for over 60 years, moving from owner to owner without closure. Our clients purchased the business in 2006 and have carried out extensive renovations over the years since. In 2011 they added the restaurant to the business and due to increased demand added an extension to this in 2018.

Our clients have enjoyed and prospered from running the business for the last 14 years. During their time here, they have built an excellent rapport with the locals and have created a widely renowned friendly/local pub-restaurant. A real community hub with ample regular customers and repeat trade. Operating only 6 services in the evening there is massive scope for extending the opening hours to include Mondays, Sunday evenings and weekday lunchtimes.

The reluctant sale is due to a change in recent personal family circumstances forcing relocation.

The menu comprises of traditional English homemade meals, including pies, stone baked pizza, pub classics and children’s meal as well as deserts to name a few.

The premises are traditionally presented, creating an inviting atmosphere with 2 log burners at either end in the colder months. There is the attractive beer garden area with ample seating and amazing views across the countryside for the warmer months. There is 48 covers in the main restaurant and a further 16 (pre covid this was 20+) in the bar lounge.

The restaurant currently holds the position of the highest rated traditional British pub Restaurant in all of Staffordshire on trip advisor, along with being in the top 10 out of all 3000 eating establishments in the County. The 5-star review status includes high praise comments from customers stating ‘Great to see what this pub has done since the covid shut down. Love the pizza oven and open plan prep area. Great to see the chefs making the pizzas’ and ‘Where do I start? The food at The red Lion is amazing and even better that they offer a gluten free menu including pies, pizza and deserts!’

Our clients are offering a hand over period and also advise that the current staff members are a major asset to the business.

This is an amazing opportunity for anybody looking to get into the trade, a turnkey business with an outstanding reputation and scope for further expansion.

The Red Lion would be suitable for all types of people, including a small family, as there is some living accommodation above currently unused. This pub already has a fantastic reputation and the foundations to build upon. Utilising social media, booking websites, advertising and massively extending the current opening hours would benefit the already healthy turnover the business already has.

Location
Situated in the picturesque village of Boundary in Staffordshire between the market town of Cheadle and Blythe Bridge. The Red Lion inn is on the main through road to Alton Towers Theme Park (6 miles away).

The business benefits from its own car park (which was recently tarmacked in 2017) to the side of the pub, holding up to 30 cars - with ample overspill being available to park on public ground opposite.

The area of the business is served by the public transport system, with a bus stop within easy walking distance of the property. The area is also well served by the A-roads, located on the A521, with the A50 being within easy driving distance of the business, which links to the M6 motorway network.

Premises
Ground Floor Cellar

Large cellar directly to rear of the bar, with easy access drop point, and cold storage space.

Ground floor

Open plan lounge with perimeter seating for 16-20 (plus additional bar seating without current conditions)
Main restaurant with 45-50 covers


Kitchen containing commercial equipment,

Bar area which serves the main lounge,
Two Traditional open fireplaces with fully functional log burners.


Commercial show pizza kitchen with brand new commercial grade wood burning pizza oven and all equipment. Serving hatch to the beer garden and coffee area.

Recently refurbished male and female WC’s

Upstairs Living accommodation; 1/2bedrooms, lounge, bathroom, and kitchen.

Equipment included in the sale briefly comprises of:


  • Bar fridges, Ice machines, all optics, music system,

  • Tables, chairs, bar stools and perimeter fixed seating


All Kitchen equipment throughout both main kitchen and pizza kitchen.

External

Large Beer garden with patio area and furniture, large car park for approximately 30 cars, with extra space opposite.

Notes

There is approximately 200sqm of unused undeveloped land adjacent to current beer garden with a further 100sqm of unused land to rear of car park. (scope for lodges etc with development)
The garage is converted to a large office / storeroom with rear access door which could be used for alternate purposes


Tenure
We are advised the business is freehold.

Hours
Monday : Closed

Tuesday to Saturday : 4:30pm - 10:30pm (Last table 8:30pm)

Sunday : 12:00pm - 5:30pm (Last table 4:30pm)

The business has been running at hours to suit our client, including a period of government guided capacity restrictions. There is massive scope to increase the turnover by increasing trading hours.

Staff
Owner ran with 4 full time and 8 part time staff members

Financial Profile
2019 accounts show a turnover of £337,747 with a
Gross Profit of £198,476


Please quote reference B05917

Tenure:
Freehold
Listed by:
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