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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
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.
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
** 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.
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
* 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
To apply for this pub or for additional information, please contact us directly
Freephone:
08085 94 95 96
Email us at
enquiries@starpubs.co.uk
Or visit
www.starpubs.co.uk
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