Beer Garden
External Drinking Area
Function Room
Car Park
Coastal
Property details
The Boatyard is located in the city of Bangor in North Wales and is a large end-of-terrace site. Situated on the outskirts of the city centre on a road leading to the promenade, the outlet benefits from fantastic views over the famous Menai Straights which separate Anglesey island from the mainland UK. The Boatyard is lucky enough to have a constant customer stream all year round as the city has a large university with around 12,000 students, many of which call the city home for most of the year. The volumes increase in the summer months as the vibrant tourist market takes advantage of Snowdonia, the island of Anglesey, the surrounding area amenities, and the abundant leisure activities. The Boatyard is lucky to hold the most prominent position in Bangor with a mixture of private housing with a high capacity spend and student accommodation.
The Boatyard is a welcoming pub with a modern and fresh décor throughout, balanced with sofas and dining tables, it has four areas all serviced by a compact, but efficient horseshoe bar and a couple of annex rooms that are allocated to dining. The kitchen is located at the front of the property next to the entrance and there are also another two other entrance points from the road front and the rear courtyard that customers can use.
The Boatyard boasts one of the best beer gardens in the area with panoramic views of the Menai straight. As you enter the car park to the off-road parking area there are two large external areas that are currently used for car parking and there is a further raised viewing platform with outside seating which has spectacular views of the enchanting landscape, the paved garden has around ten large benches and is a real sun strap. The car park can hold around eight cars although the majority of customers would normally walk to the pub.
The private accommodation has five bedrooms, kitchen and bathroom all in reasonable condition.
Cask Ale
Catering Kitchen
Live Entertainment
Trading style
The Boatyard has a good local trade throughout the year with a good value food offer with lunchtime and evening offers that encourage passing trade to stop for a bite to eat. The bar is well stocked to suit all tastes including cask ales. Music has previously been popular alongside quiz nights and should form part of the new licensees' business plan to drive new customers to the pub.
The pub is a fantastic proposition and can definitely be a jewel in the crown due to having one of the best locations in North Wales. Currently, a sleeping giant, with the right vision and skill set the outlet could be one of the most visited outlets in the area. There has been little investment in the Boatyard for many years and this really is starting to show. With an innovative refurbishment scheme and design that allows the customer journey to flow and utilise the pubs amenities, the landlords will ensure that the Boatyard is not only one of the best outlets in Bangor but also in the whole of North Wales.
Key financials
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Reference Number:
IU3WDL / P04462
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£17,000.00
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Annual Rent:
£35,000.00
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: £35,000 post investment
Security Deposit: £5,000
Working Capital: £4,000
Stock: £8,000
F&F: TBC – funding options may be available for the right licensee.