DERBYSHIRE - 100% WET LED PUB CLOSE TO TOWN CENTRE

An established business same ownership since 1992, with scope for a new owner to increase trade.

The Nags Head is situated in the Derbyshire Amber Valley district town of Ripley. The town is located 14 miles southwest of Mansfield, 14 miles north west of Nottingham, 13 miles south of Chesterfield and 11 miles north of Derby. According to the 2011 census Ripley had a population of 20,807.

The property lies less than a mile from the A38 motorway which connects the Cornwall town of Bodmin in the south to Mansfield in the north. The closest train station to the town can be found 4 miles west in the village of Ambergate, the station sits on the Derwent Valley line which connects Derby to Matlock. Regular town bus services also allow travel to the nearby cities of Nottingham & Derby as well as the town of Alfreton, Mansfield, Sutton and Matlock. The nearest airport is the East Midlands International Airport which is located 24 miles south.

The town of Ripley benefits from a variety of notable landmarks and amenities which includes a fuel station, leisure centre, bank, hospital, supermarket, four primary schools and a secondary school. The stunning Butterley Reservoir a favoured destination for anglers, bird watchers and walkers can be found only a short walk from the property.

The Nags Head occupies a fully double glazed two-storey mid terrace brick building under tiled roof. The property benefits from being located on Butterley Hill only a few hundred yards from the towns busy centre.

Enter the property via Butterley Hill directly into the MAIN ENTERANCE which proceeds to the MAIN BAR which holds seating for 40 and includes part tile and part carpet flooring, 3 televisions a dart board, and a BAR SERVERY. Behind which includes a single drinks fridge, a triple drinks fridge a till and a glass wash.

Also behind the bar servery is access to the FIRST FLOOR ACCOMODATION as well as the BASEMENT CELLAR which includes an external barrel drop, python system, cooler and ice machine. Adjacent to the main bar is the GAMES ROOM which has seating for 20 and includes part tile, part carpet flooring 2 televisions a darts board and pool table. This gives access to both MALE AND FEMALE WC’S as well as the fully enclosed rear TRADE PATIO which has a smoking shelter and bench seating for 28.

OWNERS ACCOMODATION
FIRST FLOOR comprises 2 double bedrooms, lounge, kitchen and separate bathroom.

Our client has operated the Nags Head since 1992 and during this time has transformed a tired mid terrace building into a popular events driven wet led community public house. The business hosts a number of locally renowned entertainment nights which include quiz’s, charity fundraisers, live music as well as a football team, dominoes and two skittles teams. The business also shows both SKY & BT Sports TV and brings in a large audience during big sporting events and Derby County FC's fixtures, the business is currently affirmed by our client who oversees the positively reviewed profit-making business.

It is our understanding that Net Turnover ending June:

2020 stood at £110,135 per annum (excluding 3 months due to Covid-19 closure)
2019 stood at £146,945 per annum

Further accounting detail will be made available to serious parties following a formal viewing.

FREEHOLD Offers Around £225,000 to include fixtures, fittings and goodwill. Stock at valuation in addition.

No direct approach to be made to the business; please direct all communications through Sidney Phillips. Viewing strictly by appointment only.

A full premises licence is granted by the Amber Valley District Council allowing the sale of alcohol between the hours of:

11:00am to 12 Midnight - Sunday to Thursday
11:00am to 01:00am - Friday & Saturday

All mains services are connected. The property also benefits from a burglar alarm and 4 camera CCTV security system.