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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
This high street pub is in a prime position with over 4,500 locals living within a 10-minute walk, plus plenty of passing trade.
The pub trading area and facilities post refurbishment will be:
- Main trading area with bar
- Separate dining room
- internal covers
- external covers
- Catering kitchen
- Out-door trading
- Car park
The private accommodation consists of three double bedrooms, a lounge, a kitchen, a bathroom, and an office.
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Catering Kitchen
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Team Games
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Pool Area
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Live Sports
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Experienced Operator
Trading style
The King Alfred is perfect for an experienced operator who knows how to create a welcoming atmosphere and engage both daytime and evening customers. With the refurbishment, competitive pricing, and a variety of entertainment options, The King Alfred is set to reclaim its spot as a favourite for the people of Alfreton.
The Offer:
Drinks: The pub will offer a wide range of drinks, including lagers, cask ale, ciders, spirits, wines, and some cocktails along with a great range of soft drinks and low & no options. This variety caters to everyone, from regulars enjoying beers to visitors seeking a more premium experience, ensuring the pub appeals to a broad audience.
Coffee: A straight-forward coffee offer could be put in place to help widen the appeal of the pub towards those looking for something other than a cold drink
Events: The pub will offer live sports and music, DJ sets or karaoke. These events will create a vibrant atmosphere and will drive a healthy rhythm of the week
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