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THE OLD SHIP

 The Old Ship, Pub for sale in Upwey, Weymouth, Dorset

UPWEY, WEYMOUTH, DORSET

This famous very busy, good standard, destination locals pub is located in an excellent position with a restaurant, beer garden, letting bedrooms, function room/skittle alley.

Partial repairing lease

Priced Reduced to £119,000 due to retirement.

The Pubshop Ltd - The Friendly Pub People, Pubs for Sale

VIEWING BY APPOINTMENT ONLY

The Old Ship Inn

7 Ridgeway, Upwey, Weymouth, Dorset. DT3 5QQ

LOCATION

The original Old Ship Inn is approximately 400 years old and is situated in an idyllic position in the midst of Upwey village with sweeping views overlooking the Weymouth valley.

It is situated roughly half way between Weymouth and historic Dorchester on the main A354. The pub is at the start of the famous ramblers’ Jubilee Walk and is featured in the Ramblers’ Guide and Hidden Places in Dorset publications. This is a large and very busy operation which has a good local following throughout the year and also benefits from the tourist trade.

TRADING AREAS

  • Lounge/Snug
    • A large lounge bar, flil of character with an additional snug. Seating for about 40.
  • Restaurant
    • Good standard restaurant with approximately 50 covers. Spult into 3 different areas. Access to patio area.
  • Letting Rooms
    • Four rooms. 2 are twin, 1 with en-suite the other has a bathroom, and 2 doubles both are en-suite.
  • Function Room
    • Good sized room that seats 65. Skittle alley.
  • External
    • Patio area with picnic benches. Car parking front and rear.
  • Kitchen
    • Very well equipped stainless steel catering kitchen with walk in refrigeration.
  • Cellar
    • Good sized cellar. Equipment managed by pub company.
 The Old Ship, Pub for sale in Upwey, Weymouth, Dorset
 The Old Ship, Pub for sale in Upwey, Weymouth, Dorset

Patio

Lounge Bar

TYPE OF AGREEMENT:

  • 3 year rolling pub franchise agreement. Landlord tenant protected, renewable.
  • Marketing fund up to £2350 pa.
  • Barrelage discounts that rise with higher beer sales.
  • Only partial repairing. Pub company responsible for major repairs.
  • Rent advised at £47k per annum + 1.5% franchise fee. To be confirmed.
  • Free of tie wines, spirits, soft drinks.

CURRENT TRADE:

  • Sales for 2007 in excess of £300k excluding vat.
  • High net profit shown. Accounts available for serious applicants.

VIEWING: STRICTLY VIA The Pubshop Ltd

ESTIMATED INGOING

Lease & Goodwill Reduced to £119,000 + Stock at Valuation due to Retirement.

Prepared to negotiate Retirement Sale

SUMMARY

This is a great pub with a great location and great facilities. It already benefits from very high sales and profits and with the large investment in the area there are even greater opportunities to develop this business further.

 The Old Ship, Pub for sale in Upwey, Weymouth, Dorset
 The Old Ship, Pub for sale in Upwey, Weymouth, Dorset

Restaurant

Function Room/Skittle Alley

 The Old Ship, Pub for sale in Upwey, Weymouth, Dorset
 The Old Ship, Pub for sale in Upwey, Weymouth, Dorset

Patio

Twin Room

FURTHER INFORMATION

Personal Licence Training can be supplied by our sister Company The Pubshop Training School Ltd. They offer the GQAL Level 2 National Certificate for Personal Licence Holders (NCPLH) across the UK. They 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 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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