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Red Dragon Kirby Londsale

61 MAIN STREET, KIRKBY LONSDALE, Carnforth, Lancashire, LA6 2AH

Star Vacancy

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Accommodation
Disabled Access / Facilities
Dogs Welcome
Family Friendly
Food
Great Cask Ales
Historic Interest
Walks
Wi-Fi

Area Overview

Kirkby Lonsdale is a historic traditional market town which lies between the Lake District and the Yorkshire Dales. This popular village, the gateway to both the Yorkshire Dales and the Lake District, has a weekly market and many local events attracting both residents from outlying areas and tourists alike.

Private Accommodation

Adjoining the main building at the rear, there is a 2 bedroom cottage that is currently let out but could be used as domestic accommodation.

Council Tax Banding: www.gov.uk/council-tax-bands 

 

 
Property Address

Red Dragon Kirby Londsale 61 MAIN STREET
KIRKBY LONSDALE
Carnforth
Lancashire
LA6 2AH

Website

Red Dragon

Pub location on map

Overview

The Red Dragon sits on the main high street through the village of Kirby Lonsdale and is a part of a terrace of properties. Its white painted exterior presents a pub that has a very long history. It is well suited to take advantage of lunchtime and evening food business. The old-world atmosphere is instantly apparent when entering the pub with wooden beams and real fires. The pub also benefits from 9 lettings rooms and a small meeting/function room on the first floor. Robinsons are ideally seeking an experienced operator with letting room and catering experience to build upon the accommodation trade and maintain the high quality food offer alongside a quality drinks menu.

Trading Accommodation

There is a single servery that is part of a lounge that extends to the rear. It has approx. 50 covers and served from a small but well-equipped kitchen. There are 9 letting bedrooms (only 2 en-suite) that occupy the first and second floors. The rooms have recently been refurbished to a high standard. There is a function/ meeting room (30 people) accessed from the first floor.

 

Financials

Rent: £55,000 per annum
Potential FMT turnover: £513,524

Rateable Value: £35,000

Uniform Business Rate April 2017 47.9p (England) 47.9p (Wales). To establish the rate payable, please contact the relevant Local Authority.
For further information regarding the April 2017 revaluation, please visit www.tax.service.gov.uk/view-my-valuation/search

 
  • Accommodation
    £108,345
  • Beverages
    £213,560
  • Food
    £191,619

Barrelage

A barrel is a unit of measurement adopted by the pub and brewing industry. A barrel is 36 gallons or 288 pints. This excludes wines, minerals and spirits.

FMT Barrelage 151
Current MAT Barrelage 131
Last Year's MAT Barrelage 134
2 Years Ago MAT Barrelage 143
3 Years Ago MAT Barrelage 152

Discounts excl VAT

This rent assessment includes a discount of £65 per barrel on Robinsons beers and up to £25 on other beers and ciders.

Level Of Investment

This is a one-off payment made at the start of the vacancy agreement. All figures are estimates and exclude VAT.

4 Week's Rent £4,231
Trading Deposit £5,000
Professional Fees £1,800
Stock & Glassware £5,000
Sub Total £16,031
Fixtures & Fittings TBC

Disclaimer

FMT barrelage: Please note that this assessment is based on the "fair maintainable trade" that can be achieved by a "reasonably efficient operator" and is not therefore a guarantee of volume or consequential sales or profit.

Similarly Historic performance, whilst a significant factor to consider, is not a guarantee of future performance of a pub and you should bear this in mind in your assessment of trading potential.

Please complete our short and simple form below to send us your enquiry. We'll get back to you as soon as possible.

This form is for tenanted vacancies. If you are interested in managed opportunities please check out our careers page.

Contact Details
Enquiry
We'd love to hear from you! Whether you're new to the industry and looking for some guidance/information, or you're a cask ale connoisseur, we're sure to have a pub that's just right for you. Please use our enquiry form and we'll get back to you as soon as possible. Alternatively, call us on 0161 612 4112.