Nags head, :

Diseworth Road, Castle Donington, DE74 2PR

The Nags Head has a main road location in the affluent village of Castle Donington. Airport and Donington Racing Circuit are close by and Derby, and are within commuting distance. The trading area is divided into three zones: lounge, bar and restaurant, all of which are in good decorative condition with great ambience. There is car parking for circa 10 cars, plus a large amount of available street parking adjacent to the pub. There is a lovely patio area to the front plus a small grassed area to the rear. The current offering is English/Mediterranean food but the pub would suit a variety of food offers.

We are looking for an experienced food operator with above average business acumen who can see and seize the opportunity presented by this well located and established site

Trading area and facilities - Refurbishment planned: No No. of bars: 1 Dining room: Yes No. of food covers: 70 Catering kitchen: Yes Customer carpark: Yes Beer garden/patio: Yes Function room: No Live sports: No Pub games: No No. of letting rooms: None

Private accommodation - No. of double bedrooms: 2 No. of single bedrooms: 0 No. of reception rooms: 1 No. of private bathrooms: 1 Private kitchen: Yes Office: Yes

The financials - Fair Maintainable £ 353,000 Barrelage discount: £50 Turnover (per annum):

Working capital required: £3,000 Training fee: £550 +VAT Security deposit: £8,000 Legal fees: £360 Total ingoing costs: £11,910 Building Insurance: Site dependent

Rent (per annum): £32,000 Service charge: £1,350 Decorating fund: £2,000 Insurance figure: £580 Total ongoing costs: £35,930