Ye Olde Red Lion

Nuneaton

Community Wet Partnership

Overview

The Ye Olde Red Lion is a wonderful 16th Century Coaching Inn, nestled in the heart of the historic town of Market Bosworth. Just a short walk from the bustling market square and just over 2 miles from Bosworth Battlefield heritage centre-which has recently been nominated for a ‘Visit England’ award. 



Inside the pub you’ll find its original working fireplace- perfect for creating that cosy atmosphere in the cooler months. Traditional homecooked food is served daily and the pub can cater for up to 72 covers. The coaching Inn also boasts 5 letting bedrooms upstairs; 3 doubles, 1 twin all en-suite, and 1 single. Outside the Inn, there is a seating area, small patio, and covered area with a car park to the side. 



The pub is currently trading around £10,500 on wet, there is potential for further wet sales equalling £10,000 – £12,000 per week, and a further £2k on food and with renovation of the rooms to utilise all 5 instead of the current 2 increasing the income to circa £30k. We are looking for an experienced Licensee to take this historic pub.

What’s in it for you?

  • 22% share of weekly sales (excluding VAT) plus a guaranteed annual retained sum of £25K (released weekly)
  • Low ingoing costs, deposits starting from £5,000 and £360 legal cost. (*deposits can vary dependant on business – ask us for more details*)
  • Accommodation included with most bills covered, except the council tax & TV License.

If this is not the pub for you do you know someone who is? If so, let us know using our Refer a Friend scheme and if successful in being placed in the pub we will give you a £1,000! (Terms & conditions apply) 
 

Private Kitchen

Yes

No of Double bedrooms:

1

No of Single bedrooms:

1

No of Reception rooms:

1

No of Private bathrooms:

1

Office

Yes

Pub features

Private accommodation

Food offer

Beer garden

Customer car park

Live acts

How to apply

Ye Olde Red Lion, Nuneaton

Nuneaton
CV13 0LL

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Partner FAqs

We understand that taking on your own pub business is an important decision. We are proud to operate under the provisions of the Pubs Code regulations (2016), by providing certain important information during the recruitment process which will enable you to make an informed decision about the pub business and the agreement which you are applying for. The recruitment process is structured to include meetings with our recruitment and operations team (virtually or in person). The process usually takes 3-6 weeks from application to offer, but varies depending on meeting dates, availability and information required for the completion of the business plan.

For any of our partnership agreements you must have a personal licence to legally operate one of our pubs. We can help in the process of obtaining a personal licence and we do run a free personal licence course at our Head office in Wolverhampton. A member of our recruitment team will be able to discuss this option with you as part of your application or enquiry.

If you receive an offer from us, we will require payment of the full deposit at your earliest convenience. However, from time to time at the Regional Operations Managers discretion a part deposit payment may be made with an agreed deposit builder in place for the remaining amount. The deposit, or deposit builder, would need to be paid before the commencement of the agreement.

Takings are banked in a Marston’s account in accordance with the agreements, to allow us to deduct our Management Charge. Your share (‘Retained Sum’) will be settled on a weekly basis. Any guaranteed annual Retained Sum is released on a weekly basis to you at the same time as your turnover % share Retained Sum.

In any partner agreement pub with a Marston’s menu on offer there is no opportunity to put on your own version of food or specials due to allergies and food regulations. We do have a number of pubs that do not have a Marston’s menu in, and you are free to put on your own food menu.

Marston’s are well aware that life doesn’t always go to plan, that’s why most of our Partnerships have an early termination clause which can be triggered by both parties. There is the option to give three or six months’ notice (depending on the agreement) for both parties and would need to be confirmed in writing to your Area Manager.

Our award-winning learning and development teams offer tonnes of support and training to both partners and your pub teams. When you join us, you will be booked onto our BII* accredited induction programme which includes classroom-based learning, practical sessions and for our food-led businesses, time spent at one of our Centres of Excellence pubs where an experience operator will show you the ropes.

As a Marston’s partner, you’ll also get access to our online training platform where you will be able to access a wide range of free online training courses, tools, and resources. In addition, our trainers will support you with in-person and virtual training sessions when you need the extra help! Our team can also help you access a range of apprenticeships for entry level team members, up to managers and directors.

We do have multiple pub operators across our business, this is approved on a case by case basis and would need to be approved at a senior level. Feel free to discuss this with a member of our recruitment team in the first instance.

What happens next?

What happens next?

01

Speak to a member of our team

02

Meet one of our area managers

03

Providing you with information on the pub

04

Present your business plan

05

Offer and arrangements for taking on your pub business!