Overview

Could you run this pub in Gateshead?

The Ship pub is a well-loved local pub that promises a warm welcome and is a foodie haven. Located at the heart of Eighton Banks in Gateshead the Ship is famous for its delicious pub grub, including their renowned Sunday roast, and cask marque accredited ales. It has a real country pub feel with a twist, featuring unique and quirky accents. It’s open fireplaces and warm wooden furnishings, paired with stunning views of Gateshead and County Durham, provides its guests with an authentic pub experience.

The trading area of the pub is made up of the main bar, with a long bar that serves the entire pub. The restaurant is behind folding doors comfortably sitting 30 guests and is the perfect place to enjoy a relaxed dining experience. The pub boasts vast outdoor space, with a large beer garden with picnic style seating that can play host to anything from private parties to market fairs. The pub also has a children’s play area and a large car park.

About the local area

Eighton Banks is a picturesque town positioned on the boarder of Gateshead and Sunderland. The town is full of historic stone buildings and stunning views of rolling hills. Gateshead is popular with walkers and attracts tourists and visitors to enjoy its beautiful rambling trails. It is also perfect for families, with plenty of shops, cafes, restaurants and schools. The Ship is ideally located on the edge of the town, just off the A1 and three minutes drive from the Angel of the North.

Ideal operator

This is the perfect pub opportunity for an experienced Publican with the enthusiasm and expertise to manage both an exceptional food offer and a high volume of drink sales. There is a degree of seasonality at the Ship, as the outdoor space, and good weather, massively accelerates sales in the pub so you will have the skill to adapt the offer and market the pub appropriately.

Accommodation

This fantastic pub opportunity comes with domestic accommodation that consists of two bedrooms, a private kitchen and lounge.

About the Agreement

Our Tenancy agreements vary between 3 – 5 years offer a flexible approach to running your own pub business. Your pub will be ready to trade, with carefully tailored food and drinks menus in place which you can evolve as you go along.
You will receive a high level of support and everything you need to run a successful business. From the beginning, you will have dedicated Operations Manager, plus access to training and development, business planning, operations and accounting expertise.

Once you’ve completed the 5-day induction course we’ll provide you with ongoing support to help you maximise the efficiency, sales and profitability of your pub. This includes helping you decide on the right drinks offer, guidance on margin and support creating a marketing plan to build for continued success. To help market your pub, we also offer lots of support and advice.

Punch Tenancy agreements have shared repairs liability, we will help you manage your ongoing repairing obligations. We do this by operating a repairs and maintenance fund for all new agreements.

* The calculation of the initial Ingoing Costs assumes a minimum deposit (£3,000 or £6,000) plus legal fees. The subsequent deposit build up (if any) will need to be paid over 52 weeks. This can be discussed with the recruitment team or Operations Manager

 

 

Financial Information

Initial Deposit*
£6,000
Full Deposit
£7,750
Legal Fees
£750
Maintenance Fund Per Week
£40
Fixtures and Fittings Weekly Rent
£169
Working Capital
£2,000 - £4,000
Street Check
Click Here

Business Information

Annual Rent
£31,000
Forecasted Annual Wet Turnover
£406,652
Forecasted Annual Food Turnover
£163,089
Forecasted Annual Other Turnover
£6,820
Weighted Discount Per Barrel
£75
Agreeement
5 Year Tenancy

Relevant Downloads

Enquire about this pub

Keep me up to date via email with:

People Who Viewed Ship also Viewed:

Old Ship Inn

South Shields


Could you run this pub in South Shields? The Ship Inn is a well-loved wet led pub located at the heart of the ...


  • Agreement Type:

    Tenancy
  • Rent:

    £428 PW

Facilities

Flass Inn

Durham


Could you run this pub? The Flass Inn, Durham is a local pub known for a great pint and a place to catch up wi...


  • Agreement Type:

    Tenancy
  • Rent:

    £106 PW

Facilities

Halfway House

Prudhoe


Could you run this pub in Prudhoe? The Halfway House is a well-loved community pub located at the heart of Pru...


  • Agreement Type:

    Tenancy
  • Rent:

    £97 PW

Facilities

  • 20 Covers

Your Questions Answered

Your Questions Answered

This site uses cookies.
By continuing to browse the site you are agreeing to our use of cookies. Find out more here.