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External Drinking Area
Property details
The Nags Head occupies a central position on the main high street in Kirkby in Ashfield town centre. Around 3,685 adults live within a 10-minute walk of the pub, with a good mix of age groups in the local catchment. The town centre has an established hospitality scene, with four other pubs nearby.
The pub currently attracts a predominantly drinks-focused customer base through its traditional, value-led offer. The refurbishment will retain its role as a community pub while giving it a fresher, more distinctive identity. The improved interior and entertainment facilities will help broaden its appeal, attract a more diverse customer base, and encourage customers to stay longer and visit more often.
The pub's trading area and facilities post-refurbishment will be:
- Main trading area with bar
- Snug area
- Separate games and sports zone with darts area
- 79 internal covers
- 65 external covers
- Small patio
- HEINEKEN SmartDispense
- Refurbished private accommodation with two bedrooms, kitchen, bathroom and living room.
The private accommodation consists of two bedrooms, a kitchen, a bathroom, and living room.
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Team Games
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Pool Area
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Live Sports
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Experienced Operator
Trading style
A refurbishment in the region of £100,000 is planned for the Nags Head, Kirkby in Ashfield, transforming it into a refreshed community pub with a revitalised interior and a dedicated darts and entertainment area.
If you've benefited from running or owning a pub business, the landlords would love to hear what experience you can bring. The right operator for the Nags Head will have extensive experience in busy, drinks-led community hospitality businesses. They will have a clear vision for the drinks offer, darts and entertainment activities, and marketing strategy, and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you've been waiting for, apply today and tell us what you can bring to this pub's next chapter.
Key financials
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Reference Number:
8M9JTW / 2303195101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£34,490.00
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Annual Rent:
£23,958.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please note that the Energy Performance Certificate is available from the landlord.
Annual:
Estimated Annual Turnover £379,967
Annual Rent £23,958
Entry Costs:
Deposit £5,990
Estimated Fixtures & Fittings Value £20,000
Stock Valuation £5,000
Working Capital Required £3,500
Indicative entry costs £34,490
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.