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New Deal

Kings Head

Kings Head 6 Market Place, Ilkeston, DE7 8QA
Ingoing:
£3,750
Rent:
£193 PW
Facilities
  • Accommodation (Private)
  • Cask Ale
  • Catering Kitchen
  • Live Entertainment
  • Live Sports
  • Outdoor Drinking Area
  • Wifi

Overview

The facilities at this well-positioned high street value pub are currently underused and there’s a real opportunity to build this business in number of different ways, thanks to a long 9am-1am trading licence. Introducing an all-day food offer and promoting great quality TV sports viewing facilities will be key here, as will continuing the pub’s current late night DJ-led entertainment at weekends.

The Kings Head is a handsome-looking three-storey pub that sits in a prime position in Ilkeston, which enjoys high footfall all week round. The pub’s large, open plan trading space offers the facilities to operate a chameleon business that could attract a number of different customer segments throughout the day, opening up lots of trade opportunities. It has a good quality kitchen, which is not currently used, and a value breakfast and lunch offer would be well received by local shoppers and office workers. A café license to the front of the building enables the use of a smoking solution and 6 tables on the market place framed with café barriers. The Kings Head screens live TV sports, giving it an edge over its immediate competitors. It also has the best entertainment facilities in the area, making it a key venue on the busy weekend circuit.

The domestic accommodation consists of three bedrooms, a kitchen and a lounge. Punch will ensure that this accommodation is in good order.

The Kings Head is located in a prominent position on the market place in the centre of the town of Ilkeston. Sitting on the border of Nottinghamshire and Derbyshire, the town has a population of 40,000, a strong industrial heritage and is currently experiencing a period of regeneration. The market place is very much the hub of the town centre and hosts a well-attended market 3 days a week. A number of council-run community events also take place on the market place throughout the year.

You’ll need to be a real all-rounder here, happy to be part of the daytime community and to engage with older shoppers that use the market as well as local workers, but also aware of the younger market and willing to continue the pub’s late night DJ-led entertainment at the weekends.

Business Information

Deposit
£3,000
Legal Fees
£750
Fixtures and Fittings Weekly Rent
£22
Street Check
Click Here

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