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Beer Garden
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External Drinking Area
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Function Room
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Car Park
Property details
The King Alfred is located in the high street of Alfreton. It is an imposing building. Constructed in the 1930s, the pub is the focal point of the busy, bustling ex-mining town a few miles from junction 28 of the M1. The pub is surrounded by shops, food and retail outlets, and mixed housing. The pub benefits from being one of 8 pubs found in an area of around 4,200 adults. The pub is a key part of the local community with its inclusive offer, attracting shoppers, families, and evening drinkers.
Internally there is a main trading area with a bar, smartdispense, function room a separate snug with a pool table a small catering kitchen on the first floor, and 80 covers.
Externally there is a small trading area and a car park with six spaces.
There is large private accommodation spread over two floors with three double bedrooms, a lounge, kitchen, bathroom and an office.
FindMyPub.com
Catering Kitchen
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Team Games
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Pool Area
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Live Sports
FindMyPub.com
Experienced Operator
Trading style
The site currently has the ability to drive trade via live entertainment, live sports, and a selection of pub games, such as pool, and darts. It offers a selection of cask ales, popular beers, ciders, wines and spirits, and coffees.
If you’ve benefited from running or owning a pub business, the landlords would love to hear what experience you can bring.
The right operator for the pub will have extensive experience in the high-street hospitality business. They will have a clear vision for their food and drinks menu, entertainment offer, and sports offer and can create a memorable experience for their customers.
If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell the landlords what you can bring to this pub’s next chapter.
Key financials
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Reference Number:
8M9JTW / 0020346101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£42,933.00
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Annual Rent:
£29,733.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent £29,733
Estimated Annual Turnover £359,336
Deposit £7,433
Estimated Fixtures & Fittings Value £22,000
Estimated Stock Valuation £10,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £42,933
Estimated Minimum Ingoing Costs £42,933
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