Leasehold Opportunity - Ye Olde Ship, Guildford

Location
GU2 4EB, Guildford
Salary
Business Opportunity
Posted
02 Aug 2017
Closes
23 Aug 2017

PUB OVERVIEW

Ideally presented 400 year old Inn, with several dining areas throughout the premises. Picturesque rear patio for al fresco dining and drinks. This is a rare opportunity to purchase the lease of a renowned traditional public house located only 1 mile from the centre of Guildford .

The pub retains original features including exposed timbers and brickwork with original open fireplaces and timber flooring throughout.

**All enquiries should be made directly to Guy Simmonds, 01332 865112**

BUSINESS INFORMATION

Entry cost from: £TBC

Annual rent: £32,000 per annum

Agreement: Lease - MOR 21 Yr Assignable V3

Type of Tie: Partial Tie: Tied all beer and cider

LOCATION

Ideal location on the main Guildford to Godalming road and surrounded by quality residential dwellings.

TRADE SPACE

Trading areas consist of four adjoining sections on two levels with main front bar and three dining areas providing a total of circa 70 covers with a central bar servary. The external rear patio offers circa 28 covers.

PRIVATE ACCOMMODATION

There are 4 bedrooms, one WC and separate shower room. Additionally there is a private kitchen.

FINANCIAL INFORMATION

The present leaseholders are seeking to assign the existing Morland 21 year assignable lease granted to the present tenants in August 2014 at a guide price of £127,000 with stock in addition at valuation. All enquiries should be made directly to Guy Simmonds, 01332 865112.

ESTIMATING TURNOVER

You will need to estimate the turnover you expect to achieve from the pub, with regard to food and accommodation (if applicable). Barrelage figures are given to assist you with calculations.

Calculators to help you are available on the business planning section of our website

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