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A WARM AND RELAXED COUNTRY PUB
Built in 1595, The Nags Head still retains its character. It is a popular and welcoming country dining pub with small linked rooms with original beams visible. It is famous locally for enjoyable food, from snacks to daily specials and Sunday lunches. The small bar features close-set tables 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 areas to the front and rear are a popular choice with customers, whilst the secret garden offers a unique al-fresco dining experience and is very pleasant. The pub is in an affluent area, with a good regular trade, and potential for growth.
Forecasted Operator Turnover
Forecasted Operator Profit (inc machine profit)
Forecasted Operator Machine Profit
Average Beer & Cider Discount*
Type of Tie
Full tie: All products
Standard Tenancy Agreement A fixed 5 year term agreement
Entry costs approximately £53,187.00, which includes stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit which is 25% of head rent. Fixtures and Fittings are valued at approximately £30,000 and the final valuation will be confirmed on change day. An assisted purchase of F&F may be available with a 25% deposit on change day and weekly re payments to purchase the remaining 75% over an agreed period
Fixtures & Fittings
Legal Admin Fee
Total Entry Costs
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. **Please note trading volumes for year 19/20 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
|Year||Beer (Brls)||Wine & Spirits (Ltrs)||Minerals (Ltrs)|
A traditional rural character property, which is well invested and boasts excellent indoor and outdoor trading spaces with enduring popularity. There are approximately sixty food covers split across the internal trade space, with more outside during the warmer months.
Trade Dining Areas
Trade Food Covers
Trade Patio Areas
Trade Rooms to Let
External Child Play Areas
Customer Car Park Spaces
Current Premises License Opening Hours
The accommodation is decorated to a basic standard, some low beams and character features
I am seeking an established operator, looking for their next opportunity. This well loved country pub has a strong reputation for food and offers a relaxed and comfortable atmosphere. The 'secret garden' also offers a secluded al fresco dining experience, in a pleasant environment. If this pub is the exciting opportunity you have been waiting for, then please contact our recruitment team for further information.
Andy Turner, Business Development Manager
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