Nags Head Hulland Ward
Main Road, Ashbourne, DE6 3EFAgreement Type: Foundation Tenancy
View details for Nags Head Hulland Ward
Coach & Horses Ashbourne
27, Dig Street, Ashbourne, DE6 1GF
Pub Code: 2301834101
Key Features
- Prime Location
- Local & Visitor Trade
- Great Outdoor Space
- Live Sports
- Traditional Pub Food
- Free of Tie on Wines & Spirits
Est Min Ingoing Costs: £13,191
Annual Rent: £26,303
More Information
Heart of the Community
The Coach & Horses is a popular community local, located in the heart of the busy market town of Ashbourne.
What would you do with this pub to make it even more of a success?
The area
The Coach & Horses is located in the town of Ashbourne, on the main road to the Peak District National Park. Ashbourne attracts walkers and cyclists heading to the National Park, as the Tissington Trail is located in the town.
Demographics
The pub benefits from being in a 10-minute walking distance of 2,587 adults. The customer base is made up of mostly mature couples and families.
The offer
Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in maintaining a good food and drink offer, pub games like pool, and live sports. What would you look to implement in the pub?
The site currently has the ability to drive trade via good quality drinks and a basic food offer, live sports and selection of pub games, such as pool, and darts. It offers a selection of popular beers, ciders, wines and spirits, coffees, and a pub classic menu.
We’re always open to new ideas, what would you do to drive trade?
The right operator for the pub will have basic experience in hospitality a business. They will have a clear vision for their drinks menu, with light food options. and entertainment offer, 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…
Trading Area & Facilities
Trading areas and facilities:
- Main trading area with bar
- 30+ internal covers
- Catering kitchen
- SmartDispense
- Seated beer garden
- Pool Table
- Darts Area
- Live Sports
Private Accommodation
Private accommodation consists of 3 bedrooms, living room, kitchen, bathroom, and en suite.
| Annual Rent | £ 26,303 |
| Estimated Annual Turnover | £ 428,344 |
| Deposit | £ 6,575 |
| Estimated Fixtures & Fittings Value | £ 10,590 |
| Estimated Stock Valuation | £ 7,500 |
| Estimated Working Capital | £ 3,500 |
| Estimated Total Ingoing Costs | £ 28,165 |
| Estimated Minimum Ingoing Costs | £ 13,191 |
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.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.
The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
Location:
27, Dig Street, Ashbourne, DE6 1GF
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Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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