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The Ship Inn is a traditional community pub situated on a spacious plot in the eastern sector of the city of Hull, close to the docks.. This popular wet led community pub is also close to the large housing estates of Sutton Fields and Bransholme and also benefits from income generated from the local businesses on a nearby industrial estate. In addition to the housing and local businesses, there are ample schools, medical centres and retail shops nearby plus good transport links into the city centre itself.
Pub Layout
The Ship has lots of character with three separate trading areas consisting of the bar, games room and snug, all with a mixture of low level and fixed seating. The bar and snug also boast their own wood stoves which adds to the atmosphere of this traditional pub. To the rear of the property there is a large enclosed beer garden split over two levels. One half features a spacious patio area that serves as a sun trap, along with a deck and a covered section with a gazebo. This area is used all year round and offers a substantive increase in the number of people that can be seated. There is a also a beautiful wooden external function room in the garden which is used for local families to have parties and is well decorated and has it's own tables and chairs for various arrangements. The pub has its own car park but there is also ample street parking outside the premises as well.
The private accommodation consist of three bedrooms, lounge, kitchen and separate bathroom.
Annual Rent: £TBC
Security Deposit: £5,000
Working Capital: £2,500
Stock: £3,000
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 ideal candidates for this site would be looking for a community pub where they can embrace the local community and introduce some fresh ideas such as sky sports and events. With some investment it would be possible to introduce a food offer here and Admiral would look to support this with candidates that have the right catering skills. There is also an opportunity here to develop the current drinks offer along with an enhanced entertainment program which should ensure the locals continue to use this friendly pub. Providing you are passionate about delivering a great customer experience, have good standards and want to ensure the pub is the hub of the community then this venture represents an opportunity to either an experienced licensee or someone who is looking to enter the industry and run their own business.
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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