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The Old Ship In South Shields For Tenancy For Lease

South Shields, Tyne and Wear, UK
Asking Price:
£6,000
Turnover:
£303,310
Net Profit:
Available on request

The Ship Inn is a well-loved wet led pub located at the heart of the South Shields suburb of Harton village. This cosy pub has a traditional feel with soft wooden furnishings and traditional pub accents. It has an exceptional reputation for quality drinks and the pub is always filled with local regulars. With a real community pub feel guests are guaranteed a warm welcome.

The Ship Inn has an open plan lounge that wraps around the bar in a horseshoe. It’s full of comfortable seating and is known for its friendly and vibrant atmosphere. Outside is a lovely beer garden and a large carpark that has potential to extend the beer garden in to. The pub also has an upstairs room which presents an exciting opportunity for additional capacity that guests can enjoy.

About the local area

Harton once was its own little village, but as the area grew it merged with surrounding villages to become part of the South Shields town. It still has a village feel, with many original buildings remaining but is just ten minutes from the town Centre and 20 minutes from Gateshead and Sunderland. The pub is surrounded by beautiful scenery including stunning greenery and a beach only five minutes away.

Ideal operator

This is the perfect pub opportunity for an experienced Publican who thrives when operating at the heart of the community. You will be keen to form local relationships in order to maintain the pubs place as a hub for locals. You will also have a passion for providing a quality drinks offer in a well-established wet led pub.

Property Information

Property:

Leasehold

Leasehold Type:
New
Lease Terms:

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.
You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager

Leasehold Rent:

£22,000 per annum

Location:

147 Sunderland Road, South Shields NE34 6NQ, UK

Other Information

Furniture / Fixtures value:
£37
Related Documents:

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