FindMyPub.com
Function Room
FindMyPub.com
Coastal
Property details
The Ship is located in Porthmadog, North Wales, just on the edge of Snowdonia National Park. It is a historic port town, once the hub for exporting Welsh slate worldwide, and now a popular tourist base with excellent transport links. There are 1,814 people within a 10-minute walk (1,516 over 18), but the area benefits hugely from seasonal visitors, with hundreds of thousands of tourists flocking to Snowdonia, Cardigan Bay, Pwllheli, and Anglesey throughout the year. The local population is of medium affluence with a more mature age profile. However, the large influx of tourists during the summer and holiday periods significantly boosts potential footfall. Competition includes around 20 pubs within a mile, though only a handful serve food.
The pub’s trading area and facilities post-refurbishment will be:
- Separate bar and lounge
- Large function room
- 76 internal covers
- Catering kitchen
- HEINEKEN SmartDispense®
- Sky and BT Sport
- Private accommodation
The private accommodation consists of a kitchen, a lounge, two bedrooms, and a bathroom.
FindMyPub.com
Catering Kitchen
FindMyPub.com
Live Sports
Trading style
The Ship offers a great opportunity for someone who wants to take on a well-backed, refurbished pub with plenty of potential.
The refurbishment will deliver a fully redecorated and refreshed bar, lounge, and toilets, bringing the pub back to the heart of the community. With Sky and BT Sport, local entertainment including quizzes and bingo, plus cask ales, premium lagers, wines, and spirits, it will cater to both locals and tourists alike.
Attitude is more valuable than experience. The right operator for the Ship could be new or experienced, but must be able to deliver great home-cooked food, while promoting the pub to locals and visitors.
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 / 2300146101
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£51,394.00
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Annual Rent:
£44,326.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware that energy performance certificates are available from the landlord.
Annual Rent £44,326
Estimated Annual Turnover £703,591
Deposit £11,081
Estimated Fixtures & Fittings Value £32,353
Estimated Stock Valuation £5,000
Estimated Working Capital £3,500
Estimated Total Ingoing Costs £51,934
Estimated Minimum Ingoing Costs £51,394
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.