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Ship Marske

Ship Marske

High Street, Marske By The Sea, Redcar, TS11 7LL Pub Code: 0070221101

Pub Code: 0070221101

Foundation Tenancy

Est Min Ingoing Costs: £14,542

Annual Rent: £42,508

The Ship Inn is located in the town of Marske, 400m from the coast. The pub is surrounded by shops, food and retail outlets and mixed housing.

The pub benefits from being one of 5 pubs found in an area of around 4,000 adults. The customer base is made up of young clientele, families and seasonal customers.

Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a strong food & drinks offer. What food & drinks would you look to implement in the pub?

The future operator will need to fully integrate 3rd party accommodation suppliers with their own website listings and repeat customers booking directly. Website and social media marketing is crucial in making this site more of a success. It offers a selection of pub classic menu, popular beers, ciders, wines and spirits, and coffees. The menu will feature pub classics including, fish & chips, burgers and local parmo.

We’re always open to new ideas, what would you do to drive trade?

If you’ve benefited from running or owning a pub business, we’d love to hear what experience you can bring.

The right operator for the pub will have extensive experience in a destination food outlet hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy and sports offer and can create a memorable experience for their customers.

If this sounds like the incredible pub opportunity you’ve been waiting for, apply today and tell us what you can bring to this pub’s next chapter…

  • Catering Kitchen

  • Foundation Tenancy

  • Letting Rooms

  • Car Park

  • Outdoor Trade

Trading Area & Facilities

  • Main trading area with bar
  • Fisherman’s snug – traditional tap room
  • Sports area & bar – pool table, darts boards, large screen/projector & AWP
  • 75 internal covers with additional seating in sports bar
  • 100+ external covers
  • Catering kitchen
  • 4 letting rooms, 2 with ensuite
  • Large outside area with undeveloped outbuilding offering a potential development for an additional retail unit for summer trade
  • Car park with 40 spaces

Private Accommodation

Private accommodation consists of 4 bedrooms, a living room, kitchen and bathroom. Where required there will be appropriate works carried out in line with the Star Pubs & Bars Ready to Trade promise.

Pub Financials Icon

Estimated Total Ingoing Costs

£49,512


Estimated Minimum Ingoing Costs

£14,542

Annual Rent
£42,508
Estimated Annual Turnover
£697,683
Deposit
£10,627
Estimated Fixtures & Fittings Value
£27,885
Estimated Stock Valuation
£7,500
Estimated Working Capital
£3,500
The above figures are provided as a guide only and will be finalised as part of the commercial agreement. All figures quoted are exclusive of VAT.

Estimated Working Capital is an estimate of key start-up costs such as professional fees, training fee, premises license fee, F&F valuation fee & till floats. There will be additional ongoing charges payable during the term of the agreement such as property maintenance, repairs fund, SmartDispense. These costs will be outlined prior to completing a business plan and finalised at Heads of Terms.

The calculation of the Estimated Minimum Ingoing Costs assumes a minimum deposit of 1 month's rent and that fixtures and fittings (F&F) are rented. The subsequent deposit build up and F&F rental costs should be included in your financial assumptions in your business plan. Note that on FRI and Investment Tenancy Agreements deposits will always be 3 month's rent in advance and fixtures and fittings (F&F) must always be purchased. A deposit of 6 month's rent will be required for operators trading under a Limited Company with no Guarantors. In order to ensure a successful start-up, all applicants must have a minimum £10,000 un-borrowed funds.

Location:

High Street, Marske By The Sea, Redcar, TS11 7LL

Google map location image of Ship Marske
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