Red Lion Dereham

The Red Lion dates back to the 17th century and was originally a Coaching Inn. The building features gable dormers and is situated in the centre of Dereham.

The Red Lion dates back to the 17th century and was originally a Coaching Inn. The building features gable dormers and is situated in the centre of Dereham. The pub has operated as a community local under various publicans, most recently under the guise of Craft Union Pubs. The pub is on one level, with a central bar to the back wall. There is a range of fixed seating with additional seating for 30 in total, along with a darts throw and a pool table. The Red Lion is a fantastic opportunity for anyone looking to run a pub in Norfolk. With its historic charm, central location in Dereham and strong community appeal, this site offers huge potential for an operator ready to build a thriving pub business under a turnover tenancy agreement. Key Features • Central location • Open plan trade area on one level • Popular for sports and pub quizzes Business & Financial Information • Estimated ingoings (upfront): £3,545 • Full deposit: £2,750 • Agreement fee: £795 • Guide rent (weekly): £212 • Guide rent (annual): £11,000 • Forecast turnover (weekly): £219,178 • Forecast turnover (annual): £219,178 Ideal Operator This is the first time The Red Lion has been available to the tenancy market in a number of years, and we are seeking an independent Community Pub operator keen to attract the local community and tourists alike. This could be an ideal first pub opportunity. 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. Regional Manager's Thoughts This is the first time that The Red Lion has been available to the Tenancy Market in a number of years and is a great opportunity for an independent Community Pub operator to make their mark and engage with the local community and tourists alike. Surrounding Area Dereham is a traditional market town in the county of Norfolk, about 15 miles west of Norwich. It sits along the A47, making it a key link between Norwich in the east and King's Lynn in the west. The name Dereham means homestead, and in the 7th century, the daughter of King Anna of East Anglia founded a monastery in the town, and the Parish Church of St. Nicholas, which has the rare feature of a detached Bell Tower, is associated with her. By the Middle Ages, Dereham was a medieval market town and grew as a centre for agriculture. In the Georgian and Victorian eras, Dereham prospered with the advent of coaching inns and the railways. It also became a hub for textiles. Dereham still holds weekly markets and retains a historic mix of architecture, with the Brecks and Thetford Forest within easy reach to the south. Dereham is a commuter town for Norwich and retains a strong independent identity. It's known as a family-friendly town. Running a pub in Dereham means being part of a traditional Norfolk market town with strong transport links, family appeal and regular footfall from both locals and commuters. With Norwich just 15 miles away and the surrounding countryside on your doorstep, our Dereham turnover tenancy pubs give operators the chance to grow a successful pub business in the heart of East Anglia.