Old Ship Southport

43 Eastbank Street, Southport PR8 1DY

  • Old Ship Southport
  • Old Ship Southport
  • Old Ship Southport
  • Old Ship Southport
  • Old Ship Southport
  • Old Ship Southport
  • Old Ship Southport
  • Old Ship Southport

Old Ship Southport


Great Local Pub Business

Located on the main road through Southport on East Bank Street is where you will find the Old Ship in Southport. It has a prominent position on the high street and also attracts plenty of passing trade. Given the demographics and income bracket of this particular area, this pub would do well to promote a great value food offer. A strong rhythm of the week, led by both food and entertainment, which appeals to all ages is also important.

Experienced Community Operator Required

Are you a successful operator with experience in running a drinks-led pub? We are looking for an operator with the desire to create a sense of community and for someone to introduce a small food offer.

Pub Features

  • Rolling Tenancy
  • Live Sports
  • Private Accommodation
  • Pub Games
  • Weekly Billing
  • Monthly Billing

Trading Area & Facilities

The Old Ship in the seaside town of Southport is a very traditional pub, both externally and internally, it boasts some great stained glass bay windows and original feature fires. It's a high street value proposition, but also has a strong community feel, with many locals frequenting daily. A pool table is situated in a designated games area along with a darts boards to keep your games enthusiasts occupied and smiling whilst quenching their thirst.

Private Accommodation

The private accommodation at the Old Ship Southport to be confirmed. In line with our 'Ready to Trade Promise', should any works be required, we will ensure your private accommodation is in good order so that you can focus your energy on getting business right.

Premises Licence Details

Please refer to Premises Licence for full details.

Premises Licence Opening Hours

Mon Tue Wed Thu Fri Sat Sun
10:30 - 00:30 10:30 - 00:30 10:30 - 00:30 10:30 - 00:30 10:30 - 01:30 10:30 - 01:30 12:00 - 00:30

Financials

Annual Rent £
TBC
Estimated Annual FMOP (Licensee Profit) £
TBC
Representative HEINEKEN UK Brand Discount Per Barrel £
TBC
Estimated Annual Turnover £
TBC
Estimated Annual Barrelage
TBC

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details).

Historical volume figures may not include purchases made through 3rd Parties.

** All figures quoted are exclusive of VAT

*** FMOP = Fair Maintainable Operating Profit

Investment

Ingoing Costs
Estimated Licensee Fixtures & Fittings Value £
2,612
Estimated Fixtures & Fittings Valuation Fee £
TBC
Estimated Stock Valuation £
250
Deposit Amount £
TBC
Rent In Advance £
TBC
Training Fee £
1,000
Estimated Designated Premises Supervisor / Manager Fee £
50
Premises Licence Fee £
180
Rates Assessment Fee £
55
Estimated Legal Fees £
650
Estimated Total Ingoing Costs £
TBC
Estimated Minimum Ingoing Costs £
TBC

In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

The Estimated Licensee Fixtures & Fittings (F&F) Value assumes that the pub will be let on a Rolling Tenancy or Business Start-Up Agreement, where we own the majority of the F&F. The F&F Value for Full Repairing & Insuring Leases will be significantly more.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent or £3,000 (whichever is greater) and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs are not included in the rent model or ongoing costs below.

Other SP&B Ongoing Charges
Estimated Annual Buildings Insurance £
Estimated Annual Maintenance Compliance Charge £
Estimated Annual Accountancy & Stocktaking Charge (including tills) £
5,950

The above figures are provided as a guide only and will be finalised as part of the commercial agreement (please download the rent model from Trading Information section for full financial details)

* All figures quoted are exclusive of VAT

** Deposit build up will be payable over a maximum of 24 months

*** Fixtures and Fittings annual rental fee should be estimated at 15% of the F&F value. The actual F&F value will be determined on the day of entry

**** Maintenance Compliance Charge relates to the fees for various statutory inspections

***** Estimated Legal Fees is a charge applied to your account by SP&B for creation of your Lease. You are required to engage and pay for your own solicitor - your solicitor's fees are not included in the above estimate

****** The above figures assume that rent is billed weekly in advance and that Star Pubs & Bars retain ownership of large fixtures and fittings. Initial costs for a Fully Repairing and Insuring lease will be higher as rent is invoiced monthly in advance and all fixtures and fittings must be purchased