Investment Planned

Nags Head

The Ford, Little Hadham, Ware, Hertfordshire, SG11 2AX

Gallery

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Pub overview

The Nags Head is a warm and relaxed country pub which still retains its traditional atmosphere. It is in a great location close to Bishops Stortford. We are about to redecorate externally and this would be the ideal time for an internal sparkle with the right operator.

Built in 1595, this pub still retains its character. It is a popular and welcoming country dining pub with small linked heavily black-beamed rooms, famous for enjoyable food from snacks to daily specials and Sunday lunches. Close-set tables in small bar with a good portfolio of ales and decent wines. The restaurant is down a couple of steps which is popular with tourists, ramblers and locals alike. The garden area at the front could also be improved and is already very popular in the summer months.

The pub is in an affluent area, with a good regular trade. There is potential to further develop the food trade and also the outside areas.

Traditional rural character property, does have the potential for investment in the future. There is a small bar area which could be made more welcoming very easily, the garden area at the front could also be improved and is already very popular in the summer months.

Trade space
Bars 1
Dining rooms 2
Food covers 60
Trade kitchens 1
Patio areas 1

Decorated to a basic standard, some low beams and character appearance.

Private space
Private Rooms 7
Lounge 1
Single Bedrooms 1
Double bedrooms 2
Bathrooms 1
Toilets 1
Office 1

Rent information

Annual rent £39,000 per annum
Weekly rent £750.00 per week fixed
Notes

£39,000 per annum, £750 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Machine income free of tie.

Entry costs approx £36,650 which includes fixtures and fittings (subject to valuation), stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit (25% of head rent, minimum £6,000).

Brokers £675 Legal £825
Deposit £6,000 Stocktaking fees £150
Fixtures & fittings £20,000 Working capital £4,000
Other costs £5,000 Total entry cost £36,650

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.

Calculators to help you are available on the business planning section of our website.

Trading volumes

Year Beer (Brls) Wine & spirits (Ltrs) Minerals (Ltrs)
2016/17 89 2,302 4,003
2015/16 95 2,227 4,032
2014/15 95 2,324 4,795
Volume notes

Location

Little Hadham is a village in the district of East Hertfordshire, Hertfordshire, England. It is is one of several "Hadhams' and might be considered a quintessential English village: a stream runs through the middle, with a ford, which has clearly been there for centuries. It is located on the A120 road, which connects it to the nearby town of Bishop's Stortford. Little Hadham, together with the neighbouring village of Much Hadham, are collectively known as The Hadhams.

Facilities

Trade bar
Dining area
Trade kitchen
Trade patio

Current premises licence opening hours

Monday- Saturday- 11.00-00.00 Sunday- 12.00-23.30

Contact Us

Sarah Barron

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ The Nags Head is a warm and friendly country pub located in the village of Little Hadham close to Bishops Stortford. It boasts a reputation for good food in a relaxed country pub atmosphere. Tables at the front are well used throughout the summer for casual dining and drinking, in an area full of ramblers and dog walkers alike. The pub has ample food covers, for either formal or relaxed dining. We are about to redecorate externally and this would be the ideal time for an internal sparkle with the right operator. ”