44-46 Church Street, Sutton-on-Hull, Hull, North Yorkshire, HU7 4TA
Fantastic opportunity for an experienced operator to take over this established business.
The Ship Inn is a well established pub in the heart of Sutton which has built up good trade in recent years, driven by sports, games and a family friendly garden.
The site is now in need of a new operator to take it to the next level and add a good food offer.
Split over two trading areas, the main bar and lounge.
|Car park spaces||20|
Spacious upstairs accommodation in good general repair.
|Annual rent||£16,000.00 per annum|
|Weekly rent||£307.69 per week fixed|
£16,000 per annum, £307.69 per week fixed and subject to annual RPI increase, which is capped. Paid weekly by direct debit.
Entry costs approx £14,550 which includes fixtures and fittings, stock, glassware, crockery, cutlery, fuel and cleaning materials, legal, brokers and stocktaking fees, training fees, schedule of conditions, working capital and deposit (25% of head rent, minimum £6,000). Please note that the F&F costs are shown as 25% for the deposit and full cost is approx. £15k
|Fixtures & fittings||£3,750.00||Working capital||£2,000.00|
|Other costs||£1,250.00||Total entry cost||£14,650.00|
Standard Tenancy Agreement
A fixed 5 year term agreement which is contracted out of the Landlord and Tenant Act 1954
•Tie variations available
•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.
|Year||Beer (Brls)||Wine & spirits (Ltrs)||Minerals (Ltrs)|
The Ship Inn is located approximately 4 miles from the vibrant city centre of Hull. The pub is situated on a busy main road and is adjacent to a picturesque church. The Ship is in the heart of the village surrounded by small local business and housing estates.