Business description

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; 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.

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.

ESTIMATED INGOING
- Lease & Goodwill OIRO £159,000 + Stock at Valuation
- Prepared to negotiate as this is a Retirement Sale

Property information

Property:

Leasehold

Lease terms:

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.

Living accommodation:

Four rooms. 2 are twin, 1 with en-suite the other has a bathroom, and 2 doubles both are en-suite.

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.

Other information

Related documents:

• 
• Old Ship Sales Details