New to the Market
Red Lion Otley
Craft Union Tenancy Agreement (CTA)
Forecast Turnover per year:
£338,000
Estimated Earnings per year:
£67,600
Full Deposit:
£2,000
Alternatively, contact our recruitment team: publican-recruitment@stonegategroup.co.uk
The Red Lion is one of Otley’s oldest coaching houses, situated in a bustling main street location, close to all the local amenities and benefits from daytime and evening custom. This traditional Inn is serviced by a central bar and comprises three rooms ideally suited for drinking, with a further room at the rear which has approximately 32 covers presently and is ideal for dining. The main bar has a range of Cask and keg ale products, and this property has the further benefit of a first-floor function room.
There is a central servery which caters for three rooms suited for drinking, with a further room to the rear of the pub providing approximately 32 covers, which offers a traditional cosy ambience. The trading areas are furnished with traditional seating and open fires, which complement the character of the pub. There is an underused function room, which can accommodate 50+ covers, situated on the first floor, which, with some modernisation, could provide an additional income for the business.
There is a small enclosed yard area, with room for tables and umbrellas to cater for the summer months.
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