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Nags Head Dunstable

1, High Street North, Dunstable, LU6 1HX

Pub Code: 2301998101

Key Features

  • Great Central Location
  • Sports Pub
  • Well Established Trade
  • Private Accomodation

Est Min Ingoing Costs: £9,108

Annual Rent: £25,396

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More Information

Fantastic Cosy Town Centre Pub

The Nags Head is a traditional pub with a focus on sports. One of the main draws at The Nags is its prime central location in Dunstable town centre. It also is well laid out with a modern feel.

The pub is a simple one bar operation with several tables and chairs and has a separate area with a pool table and games machine. Live Sports, Karaoke and a great events calendar is key to the success of the site in the local area.

The right operator for The Nags Head will be passionate about sports and can bring a traditional drinks led pub to life.

 

 

  • Foundation Tenancy

  • Live Sports

  • Smoking Area

  • Cask Ale

  • Outdoor Trade

  • Private Accommodation

Trading Area & Facilities

The Nags Head is a traditional and simple one room operation with the front space a casual drinking area and the rear as a games area. The site has a great kerb appeal from the outside. Star Pubs will be spending some money to bring the standards up internally . This means you can focus on driving the business from day one.

There is a smaller enclosed area to the front of the pub with a few benches.

Private Accommodation

The accommodation consists of three bedrooms, a kitchen, lounge and bathroom. The property is generously sized and has been well maintained throughout. In line with our Ready to Trade Promise, if required the appropriate works will be carried out.

Premises Licence Details

Please refer to full license for details

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
09:00 -
03:00
09:00 -
03:00
09:00 -
03:00
09:00 -
03:00
09:00 -
03:00
09:00 -
03:00
09:00 -
03:00

Annual Rent £
25,396
Estimated Tenants Annual Operating Profit £
30,396
Representative HEINEKEN UK Brand Discount Per Barrel £
195
Estimated Annual Turnover £
300,746
Estimated Annual Barrelage
250
* 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

Ingoing Costs
Estimated Licensee Fixtures and Fittings Value £
6,000
Estimated Fixtures and Fittings Valuation Fee £
250
Estimated Stock Valuation £
4,000
Deposit Amount £
6,349
Rent in Advance £
488
Training Fee £
425
Estimated Designated Premises Supervisor / Manager Fee £
60
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
18,457
Estimated Minimum Ingoing Costs £
9,108
In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.
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 are not included in the rent model or ongoing costs below.
Note that on FRI 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.
Other SP&B Ongoing Charges
Estimated Annual Building Insurance £
2,286
Estimated Annual Maintenance Compliance Charge £
789
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
6108
Estimated Annual Repairs Fund £
1300
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
** Deposit build up will be payable over a maximum of 24 months
*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry
**** Maintenance Compliance Charge relates to the fees for various statutory inspections
***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

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