Great Location!

Ship Inn

7-9 Quality Street, North Berwick, East Lothian, EH39 4HJ

Gallery

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Pub overview

An exciting opportunity awaits, to take on this well established and popular Pub

The Ship Inn represents a fantastic opportunity for an established operator to take over this solid business situated in the key "commercial" area in beautiful north Berwick. The pub comprises of a one room bar /diner with beer garden to the rear of the property and outside drinking space at the front. There is a large commercial kitchen which can cater for one hundred covers and exceeds these numbers in the busy summer months.
The Ship Inn is located in a prime main street location and is a firm favourite with locals and tourist alike . This business is a real chameleon offering great local food, premium drinks, live sport and Entertainment.

The bar consists of one room accommodation, offering, food, drink, sport and entertainment. There is also a fully licenced beer garden to the rear and licensed outside seating area to the front of the property.

Trade space
Bars 1
Dining rooms 1
Food covers60
Gardens 1
Trade kitchens 1
Patio areas 1

No private accomodation at this site

Private space

Rent information

Annual rent£55,500 per annum
Weekly rent£1,067.31 per week fixed
Notes

£55,500 per annum, £1057.69 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.

Entry costs approx £48,695 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, stocktaking fees, training fees,working capital and deposit which is 25% of heas rent

Brokers£0Legal£850
Deposit£13,875Stocktaking fees£150
Fixtures & fittings£20,000Working capital£10,000
Other costs£3,820Total entry cost£48,695

Agreement description

Standard Tenancy Agreement
A fixed 5 year term agreement with 6 month rolling break option
•Tie : Beer, lager, Cider and Minerals
•Rent set at the start of the agreement, subject to the annual Retail Prices Index (RPI) which is capped
•Flexible pricing options available
•Greene King is responsible for the structure of the building
•Ability to end agreement with 6 months notice at any time with standard notice fee equal to 3 months rent

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.

Calculators to help you are available on the business planning section of our website.

Trading volumes

YearBeer (Brls)Wine & spirits (Ltrs)Minerals (Ltrs)
2018/19350110,624
2017/183447211,979
2016/173416211,498
Volume notes

Location

North Berwick is a seaside town situated on the south shore of the Firth of Forth approximately twenty miles from Edinburgh. Because of its two sandy bays the town continues to attract holidaymakers with golf courses at the ends of each bay open to visitors. The town in served by North Berwick Railway Station which provides a rail link with Edinburgh along with East coast buses which provide a service between Edinburgh which includes, Portobello, Musselburgh, Prestonpans, Longinddry, Aberlady, Gullane and Dirleton. There are also local services to Haddington, Dunbar and attractions such as the National Museum of Flight at East Fortune.

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Facilities

Trade bar
Dining area
Pub garden
Trade kitchen
Trade patio

Current premises licence opening hours

11:00-23:00 Sunday - Wednesday 11:00 - 01:00 Thursday - Saturday

Contact Us

Sandra Donnelly

Business Development Manager

Call the Recruitment team on 01284 714 497

Apply online
“ I am looking for an experienced food orientated operator and preferably a sound knowledge of the local area. This fantastic business, offers a rare opportunity to take over a well established and successful food and drink operation situated in the popular Quality Street, North Berwick. If you are looking for an opportunity just like this, then please contact the recruitment team for further information ”