Nags Head
50 Heath Road, Ramsden Heath, Billericay, Essex, CM11 1HS
A VILLAGE PUB IN SOUTH ESSEX
The Nags Head in Ramsden Heath is a pub known for great beer and traditional pub food. Only a small distance by car to the town of Billericay, this pub is popular with the younger crowd and local regulars and has a great reputation for sport. The pub is currently trading at an approximate split of 70/30 in favour of drinks. There is the opportunity here to build upon the current food offer and concentrate on increasing the pubs community involvement, perhaps by hosting regular events.
Bar
Garden
Kitchen
Location
Ramsden Heath is a village in the county of Essex. It is located approximately 8 miles south of the county town of Chelmsford; the closest towns are Billericay, approximately 3 miles west-south-west, and Wickford, approximately 3.5 miles south-east.
Business Information
Annual rent
£39,000
Weekly rent
£750
Entry costs
£25,875
Turnover royalty
n/a
Forecasted Operator Turnover
£463,068
Forecasted Operator Profit (inc machine profit)
£38,888
Forecasted Operator Machine Profit
£0
Average Beer & Cider Discount*
£72
Type of Tie
Full tie: Access to Discounted Wines, Spirits & Minerals Price List
Agreement
Standard Tenancy Agreement. A fixed 5 year term.
Entry cost is approximately £25,875 which includes Fixtures & Fittings at 25% of estimated valuation, stock, glassware, cutlery, crockery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of condition, working capital and deposit. Please note Fixtures and Fittings are estimated at approximately £25,000. 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.
Deposit
£9,750
Fixtures & Fittings
£6,250
Legal Admin Fee
£825
Broker Fee
£750
Stocktaking Fee
£150
Working Capital
£7,000
Other Costs
£1,150
Total Entry Costs
£25,875
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. All figures represent products bought from Greene King only. **Please note trading volumes for year 2021 are for part year trading and reflect the impact of closure during the Covid 19 pandemic**
| Year | Beer (Brls) | Wine & Spirits (Ltrs) | Minerals (Ltrs) |
|---|---|---|---|
| 2023 | 213 | 523 | 2,095 |
| 2022 | 199 | 409 | 1,367 |
| 2021 | 179 | 444 | 2,118 |
As you walk in the main bar is directly to your left, with seating areas both sides. One of these is for for drinkers and the other for food/conversation. There is a large stoned garden and car park to the rear of the pub.
Trade Bars
1
Trade Dining Areas
2
Trade Kitchens
1
Trade Food Covers
40
Trade Gardens
1
Trade Patio Areas
2
Trade Rooms to Let
0
Meeting Rooms
0
External Child Play Areas
0
Function Rooms
0
Customer Car Park Spaces
25
Current Premises Licence Opening Hours
Mon-Wed: 10:00-01:00
Thu-Sat: 10:00-02:30
Sun: 12:00-01:00
The accommodation comprises 2 bedrooms, kitchen, lounge, bathrooms and toilet.
Private Rooms
6
Lounge
1
Dining Rooms
0
Double Bedrooms
2
Single Bedrooms
0
Bathrooms
1
Toilets
1
Private Kitchens
1
Offices
0
Bedsits
0
This would be a great opportunity for an experienced publican to establish a great food offer and build upon the established drinks trade, which revolves around live sport.
James Pearson, Business Development Manager
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