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

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.

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 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 £60,000 per annum. Viewing is highly recommended to fully appreciate the opportunity available.

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

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