Pub Overview The area The Ship Inn is located in the village of Wylam, along the Hadrian’s Wall Path in the Tyne Valley. Demographics The pub benefits from being one of 4 pubs found in an area of around 1,529 adults. The Ship Inn customer base is made up of midlife and mature adults. The offer Available on our foundation tenancy agreement. Click here for more information on this agreement. The potential of this pub lies in developing a well thought through food & drinksoffer as well as developing the potential of the letting rooms. 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 similar hospitality business. They will have a clear vision for their food & drinks menu, marketing strategy 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 Features Foundation Tenancy Letting Rooms Outdoor Trade Private Accommodation Trading Area & Facilities Trading areas and facilities Main trading area 6 x letting rooms 50 x internal covers 20 external covers Small catering kitchen Smart Dispense External beer garden Car park with 6 spaces Private Accommodation Private accommodation consists of 2-3 bedrooms, a living room, kitchen, bathroom. Pub Financials Pub Financials Icon Estimated Total Ingoing Costs £44,639 Estimated Minimum Ingoing Costs £12,778 Annual Rent £25,865 Estimated Annual Turnover £430,775 Deposit £6,466 Estimated Fixtures & Fittings Value £27,550 Estimated Stock Valuation £7,123 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. Downloads Demographics Report Download arrow Energy Performance Certificate Download arrow