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.
Pub Layout
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 & 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 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 separate 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 4 bedrooms, lounge, kitchen and family bathroom. The private quarters can be accessed via a seperate entrance.
Annual Rent: £42,500
Security Deposit: £9,000
Working Capital: £6,000
Stock: £5,000
F&F: TBC – Funding options may be available for the right licensee
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Admiral Taverns are looking to work with an experienced licensee 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 of high-volume operations (particularly food) and will have a strong marketing plan in place to get the most out of this fantastic pub.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
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Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
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Portman Finance Group includes Portman Asset Finance Limited (Reg No: 06226530) which is authorised and regulated by the Financial Conduct Authority for its credit broking activities and deals with a panel of lenders (FRN: 719988), Portman Leasing Limited (Reg No: 06797365) authorised and regulated by the Financial Conduct for Consumer Hire lending (FRN: 723730) and Portman Commercial Finance Limited (Reg
No: 10011121). The companies within Portman Finance Group are all registered in England and Wales with registered offices: 1 Pavilion Court, 600 Pavilion Drive, Northampton, NN4 7SL
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The Mortgage Hut Limited is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. The Mortgage Hut Limited. Registered Office: Ground Floor, Threefield House, Threefield Lane, Southampton, Hampshire, SO14 3LP Registered in England Number: 07629941
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MISREPRESENTATION ACT 1967
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