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The Nags Head, 2 Abbey Road, Bourne, Lincolnshire, PE10 9EF

POA
Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • A centrally positioned town centre pub
  • Outbuildings, car parking and beer garden
  • Good sized commercial kitchen
  • c.80 seated covers to the bar and restaurant
  • Late bar with 175 capacity 3.30am licence
  • New lease available, Freehold offers considered. Energy rating C
  • Christie & Co Ref: 5752380

Description

Location

The Nags Head is positioned on the apex of two roads in the heart of the busy Bourne town centre. The area is littered with a wealth of things to do and see including: Wellhead Park, Grimsthorpe Castle and Burghley House and gardens. The venue is located 10 miles from Stamford and 20 miles north of Peterborough.

Fixtures, Fittings & Deposit

The fixture and fittings are available by separate negotiation with the current operator should an interested party seek a turnkey offering. We are seeking a 6-month rent deposit as part of a new lease.

The Opportunity

The Nags Head is a deceptive traditional bar and restaurant which provides a fantastic opportunity for an entrepreneur due to its diverse offering and potential income streams. A key feature is the 1st floor late bar with a generous capacity and late licence which is unique to the local area. This should not detract from the ground floor bar and restaurant which offers a broad menu and selection of local beers. It is a family friendly pub in a prominent position in the town centre for those on foot and there is a car park to the rear. The ground floor open plan space can be easily separated from the first floor and as such is adaptable to parties, functions or continued to be used as a successful, well attended late bar. To the outside, gates lead to a car park area, beer garden patio and several outbuildings which can be used to drive the income of the venue or be used as storage – one was previously used as a hairdresser’s salon.
We are offering a new lease at a rent of £55,000 per annum, freehold offers considered. Viewing is highly recommended to fully appreciate the opportunity available.

Business Rates

Rateable value the Nags Head is £16,500 and for the late bar is £9,800 from 1st April 2023.

Regulatory

We understand the premises is fully licenced and free of tie.

Energy Performance Certificates

EPC 1

Brochures

The Nags Head, 2 Abbey Road, Bourne, Lincolnshire, PE10 9EF

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Spalding Station9.3 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 5752380-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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