Beer Garden
External Drinking Area
Car Park
Coastal
Property details
The Ship Inn occupies a prominent high street location in the centre of Ingoldmells, on a busy junction of the main A52 road into Skegness - less than a mile from the beach. The pub is surrounded by a mixture of residential properties and a large number of holiday parks, along with a good number of local retail businesses. The local population tops 30,000 residents within a 5-mile radius, in addition to the large number of holidaymakers flocking to the area during the peak season. The town of Skegness is a short 10-minute drive away, and local attractions include the North Shore and Seacroft golf clubs.
Two separate entrances from the car park lead into the spacious, open-plan main lounge bar featuring a large bar servery, gaming machines, several TV screens, and loose tables and chairs to accommodate approximately 60 covers. A raised seating area to one end of the lounge is currently used as a pub games area with a pool table, dartboard, and more relaxed lounge seating, but could alternatively be used as a stage area for live entertainment/karaoke. To the other end of the lounge is a carvery unit adjacent to the main catering kitchen, which is fully equipped and of a good size. A passageway leads from the main lounge past the toilets to a traditional "tap-room" bar, with a seperate bar servery, TV screen, and mix of fixed and loose seating.
Externally the pub has a recently refurbished patio/garden area, with seating for approximately 50 customers and festoon lighting. The large L-shaped car park can provide parking for up to 60 vehicles.
The private accommodation is on the first floor, is in good order and consists of four bedrooms, lounge, kitchen and family bathroom. The private quarters can be accessed via a separate entrance.
Catering Kitchen
Team Games
Pool Area
Live Entertainment
Experienced Operator
Trading style
The Ship Inn currently trades with approximately a 60:40 wet/dry split, with strong support from the local community. Minimal competition in the winter months (only a handful of the local pubs and bars stay open out of season) means that there is a strong all-year-round trade, which is boosted by tourism in the peak season. The pub opens early during the holiday season to offer a breakfast menu and also holds a popular weekly car boot sale in the large car park. There could be an opportunity to build on the current trade with a regular entertainment programme.
The landlords are looking to work with an experienced operator who can fully integrate themselves into the local community and make this the “go-to” place for the residents of the village, while also embracing the seasonal holidaymaker trade. The successful applicant should have experience in high-volume operations (particularly food) and will have a strong marketing plan in place to get the most out of this fantastic pub.
Key financials
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Reference Number:
IU3WDL / P03809
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£20,000.00
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Annual Rent:
£43,000.00
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: £43,000
Security Deposit: £9,000
Working Capital: £6,000
Stock: £5,000
F&F: TBC – funding options may be available for the right licensee.