The Ship inn is a terraced pub situated centrally in the Market town of Raglan approximately 10 miles east of Abergavenny and just a few miles from the hills and walking tracks of east Wales. It has excellent road links being only one mile off the main A449 Newport to the Midlands trunk road. This is an excellent opportunity for a new starter in this much sought-after village. The pub is furnished and decorated to a high standard, in a traditional style throughout; with stone walls, exposed beams and open fireplaces as you would expect from a period building. The main bar is utilised for drinking and a games room is located off this room which could facilitate pool and darts, however, has also been used as an extended restaurant area. The trade kitchen is fully equipped and capable of delivering a traditional pub food offer. The pub has the potential to offer entertainment in the form of live music on the weekends, to further boost trade. The patio to the front of the pub is suitable for eating and drinking with approximately 16 seats available. At the rear of the pub there is a smoking solution and room for a further four picnic benches. The pub has recently been repainted with new signage and is in excellent condition.
Furnished managers flat with two bedrooms, a lounge and kitchen.
Agreement Fee: £750.00
Cash Float: £2,000.00
Fixtures & Fittings: £8,000.00
Forecast Turnover: £315,073.40
Full Deposit: £5,000.00
Full Tie Release: £33,500.00
Guide Rent: £20,000.00
Initial Deposit: £0.00
Repair Fund: £2,000.00
Stock & Glassware: £4,000.00
Working Capital: £12,500.00
Year 1 Rent: £0.00
Forecast Dry Turnover: £63,739.42
Forecast Other Turnover: £9,054.40
Forecast Wet Turnover: £242,279.59
The pub benefits from a varied clientele, serving the local community all year round whilst also attracting a wide range of tourists who visit the area in the spring and summer months. The pub boasts character and caters for customers looking for a regular pint and traditional pub food. The Ship Inn is a great opportunity for either a new starter or an experienced couple looking for a great place to live and a sustainable pub business.
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