The Prince of Wales is situated on the corner of the busy Maine castle road and Victoria road, just a 5 minute walk from the busy town centre of Scarborough. Scarborough, England, is the perfect vacation destination for those who want to relax and enjoy the city's calming atmosphere, as it is famously known to house the largest resort in Yorkshire. This city is also known as a fishing hotspot. A total population of 13800 people live within a ½ - mile radius of the pub, the highest proportion of these being between the age of 25- to 44-year-olds.
Pub Layout
Upon entering, guests are welcomed into an open-plan room which is segmented into two areas and has a central bar as a focal point, making it easy for people to access drinks and creating a gathering spot with it's abundance of high bar stools and low level fixed and loose seating. To the right of the pub is a dartboard and games machine, TVs are located throughout the pub for guests to enjoy televised sports. Located to the left hand side of the bar is a raised DJ area, creating a diverse range of entertainment options, catering to different interests and preferences among visitors. This setup allows for a dynamic atmosphere where people can enjoy various activities while still being part of a larger communal space.
The private accommodation consists of a large living room with family sized bathroom, kitchen and three large bedrooms.
Annual Rent: £TBC
Security Deposit: £5,000
Working Capital: £3,500
Stock: £3,500
Business Rates: £Nil. Based on the April 2023 rating list, the Zero Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.
Fixtures and Fittings: To be confirmed upon valuation – 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.
The Prince of Wales pub in Scarborough is a historic establishment located on North Marine Road. It’s a popular spot among locals and visitors alike, known for its traditional pub atmosphere, selection of drinks, and sometimes live music or entertainment events. Admiral Taverns are looking for someone who can be part of the community and link to events and activities in the town and build a good local following with entertainment and pub games. Good service and standards are a must with an eye for marketing on social media.
Love Your Pub Group will send the above details on your behalf to your selected product provider(s)
Insurance disclaimer
Towergate Insurance Brokers is a trading name of Towergate Underwriting Group Limited. Registered in England No 4043759.
Registered address: 2 Minster Court, Mincing Lane, London EC3R 7PD. Authorised and regulated by the Financial Conduct Authority.
Finance disclaimer
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
Mortgage disclaimer
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
Your home may be repossessed if you do not keep up repayments on your mortgage. There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1.5%, but a typical fee is 0.3% of the amount borrowed.
MISREPRESENTATION ACT 1967
The Love Your Pub Group gives notice that the contents of these particulars are believed to be correct but are given without responsibility and intending purchasers or lessees should satisfy themselves by inspection or otherwise to their correctness. These particulars do not form any part of any offer or contract and no person in the employment of the company has any authority to make or give representation of warranty to this property.
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