Red Lion Upper Basildon

This beautiful village pub oozes with traditional charm and benefits from a decent footprint with a double-sided wood burner and exposed wooden beams throughout the trade areas.

This beautiful village pub oozes with traditional charm and benefits from a decent footprint with a double-sided wood burner and exposed wooden beams throughout the trade areas. There is a welcoming bar area as you enter the pub and you the have a snug area to the left for drinking and dining and to the right of the bar is another large restaurant area. The site has recently had a new external signage scheme installed and some new internal decorations and upgrades. The pub has a very large rear garden with a large covered upper garden structure suitable for hosting outdoor events as well as lots of room for plenty of outdoor seating to take advantage of the garden. There is a well-equipped kitchen to support a strong food led business that this site needs to focus on to take it to the next level. The pub is well supported by the local village but also benefits from significant destination dining guests due to its location in the beautiful countryside and pulls from further afield and surrounding villages. There is a good size car park to the rear of the pub. Ever dreamt of being your own boss, running a thriving pub, and shaping a vibrant community hub? Partnering with Stonegate, the UK's largest pub company, makes that dream a reality. We offer the best of both worlds: self-employment with the unwavering support of a dedicated team, from regional managers to a network of experienced publicans in your region. From free BII membership to unlock industry insights, to a diverse portfolio offering the perfect pub for your vision, Stonegate empowers you to maximize endless profit opportunities. Plus, our flexible tenancy agreements ensure you have the control you need to succeed. Key Features • Good sized dining areas • Large gardens • Affluent area • Traditional architechture and design Business & Financial Information • Estimated ingoings (upfront): £8,170 • Full deposit: £7,375 • Agreement fee: £795 • Guide rent (weekly): £567 • Guide rent (annual): £29,500 • Forecast turnover (weekly): £437,262 • Forecast turnover (annual): £437,261 Ideal Operator This site will suit an experienced food operator, or a new publican who is wanting to create a destination dining business with a skill set to support this vision. The ideal candidate will want to be integrated into the local community and get involved in supporting local events both in the pub but also the wider parish council to build their network. Private Accommodation The site has a well-appointed private flat above the premises. It has two bedrooms. Lounge, kitchen, and bathroom.   Regional Manager's Thoughts The pub provides a fantastic opportunity for an experienced publican, preferable with a with a history of operating a food led business to utilise the pub and extensive gardens to their full maximum. As a rural community pub, The Red Lion is in a perfect location to gain footfall from the surrounding villages and become an ideal destination dining pub for customers to visit to continue experiencing. Surrounding Area The pub sits in the affluent village of Upper Basildon in rural Berkshire and has been a popular destination for many years with its warm atmosphere and traditional pub character. The pub sits on a crossroads close to Pangbourne and about 9 miles from Reading. The excellent catchment area of this property encourages footfall from families who attend the local school. With brilliant travel links and a bus stop at the front of the property, it is a fantastic location for gaining attraction from the surrounding local villages.