THE OLD SHIP
TOWN CENTRE DORCHESTER

JUST EVERY SO OFTEN A BUSINESS BECOMES AVAILABLE THAT REALLY IMPRESSES AND AT A VERY GOOD PRICE.
HIGH SALES, LETTING BEDROOMS, FOOD SALES, PATIO AND SMOKING AREA,

VERY HIGH STANDARDS THROUGHOUT.
20 YEAR MARSTONS LEASE.
IN OUR OPINION THIS IS AN EXCELLENT BUSINESS.
OFFERS UP TO £85,000 TO FACILITATE A QUICK SALE.
THIS BUSINESS MUST BE SEEN TO BE APPRECIATED.

VIEWING BY APPOINTMENT ONLY

THE OLD SHIP

16 High West Street, Dorchester, Dorset DT1 1UW

DESCRIPTION

TRADING AREAS

BAR/LOUNGE DINING AREA

Refurbished to a very high standard the lounge bar is broken down into three separate areas with 47 restaurant covers. There is an excellent atmosphere to this area and although it has been sensitively modernised it still has its wooden beams and open fireplaces. The Old Ship is well known for its entertainment and there is a raised area from which to have bands etc. Good standard toilets including a separate disabled facility. Small laundry and storage room.

External

There is a patio and sheltered smoking area that is also heated. Again this has been tastefully presented and can be extended if required. There is a car parking space for 3 vehicles.

Letting Bedrooms

Four letting bedrooms. One king size and three standard doubles. All en-suite, all recently refurbished. Quality letting rooms in Dorchester are very much sought after.

Kitchen

A good sized commercial kitchen supports this business and is fully fitted and well located to serve the eating areas.

Cellar

Ground floor level, good sized cellar with python system and cellar cooling. Includes real ales.

Private Accommodation

This is a one or two bedroom flat with a kitchenette, bathroom and lounge. Recently installed secondary double glazing.

TYPE OF AGREEMENT:

• 20 year full repairing, insuring Marston’s lease, commenced 2008. Landlord tenant protected, renewable.
• Rent advised at £52k per annum, 5 year reviews, annual RPI.
• Fully tied for all wet led products, beer, wines, spirits, soft drinks.
• 24 hour licence. (not exploited)
• Barrelage discounts

CURRENT TRADE:

Sales in excess of £525k gross
Good profit margin

VIEWING: STRICTLY VIA The Pubshop Catalogue Ltd

ESTIMATED INGOING

In our opinion this is a top quality business that is ready to trade. The standards are excellent. The owner has, with good reason requested that we market it at a lower price than we advised and he is prepared to listen to offers in order to create a quick sale.

FURTHER INFORMATION

Personal Licence Training can be supplied by us. We offer the Level 2 National Certificate for Personal Licence Holders (NCPLH) across the UK. We can offer tutor led courses and their Express Home Study course. Examinations can be taken at many venues. They can also be contacted on 01305 786639 or visit their website: www.pubshoptrainingschool.co.uk

The Pubshop Catalogue Ltd's Licensing Division caters for licensing applications for the Licensing Act 2003.

Please note that you will require the services of a solicitor for the assignment.

All representations made to this Agency from the 'landlord', including all financial considerations, premises, agreements and discounts etc are passed on to the Applicant, with the discretion of the Agent, but no guarantees of accuracy or descriptions of whatever nature are made between the applicant and the Agency.

These particulars are for general outline purposes and do not constitute any part of an offer or contract. No responsibility is taken for any other error, omission or mis-statement in the particulars during negotiations or otherwise or representation or warranty whatever, in relation to the property.

MISREPRESENTATION ACT 1967. PROPERTY MISDESCRIPTIONS ACT 1991. These particulars are provided only as a general outline of the property referred to. Applicants should make their own enquiries and inspection of the property to satisfy themselves as to the accuracy or otherwise of the information given. Other than this general outline neither we nor any person in our employment has the authority to make, give or imply any representation or warranty whatsoever relating to the property referred to above.

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