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The Ship, Sheffield

Sheffield, S3 8UL

Your investment

£14,750

Agreement Type

Tenancy
  • Great Location On A Busy Main Road
  • Strong Established Regular Trade
  • Popular Cask & Craft Ale Offer

Located on the main road in the bustling area of Kelham Island, just a mile away from Sheffield’s city centre and less than a mile away from Sheffield University. Kelham Island is well known for its numerous traditional pubs, trendy bars, Gastro Café’s & Restaurants all within walking distance to the numerous newly built modern apartment blocks.   This fantastic pub is steeped in history, the brown glazed external tiles still display the original 1891 ‘Tomlinson’s Brewery’ and a plaque at the front door refers to the Sheffield floods in 1864.  Externally the beautiful brown glazed bricks match perfectly with the modern Grey paint, pretty flowers, and modern signage this pub oozes originality whilst it sits next to a modern apartment block.

Pub Layout

The trading area is one L-shaped room, the large open windows make the pub feel bright and airy, whilst there are a couple of small snug areas, the current décor gives the pub a modern twist.  Externally there is a small private car park and smoking shelter.

This pub is as unique as its customers, on the bar is a range of mainstream and local SIBA cask ales, craft draught, premium spirits and good wine, the perfect place to enjoy a cosy evening a drink after work or a night out at the weekend. The Ship forms part of the circuit known locally as the Kelham Island walkabout, there are numerous bars and is well known for the monthly peddler’s market.  The pub has hosted some wonderful evenings including Jazz singers and acoustics guitarists, has weekly established quiz nights.

Private Accommodation

The private quarters consist of kitchen/diner, lounge, bathroom, office and two large bedrooms.

 

Annual Rent: £24,500

Security Deposit: £6,750

Working Capital: £4,000

Stock: £4,000

Fixtures and Fittings: Upon Valuation  – funding options available for the right licensee.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training: £325 plus VAT

For a breakdown on financial information, please refer to the ‘Additional Info’ tab.

I am looking for a character that is passionate about cask and craft ale and wants to immerse themselves in the local Kelham Island drinking circuit. A self- starter who can adapt, innovate and operate the retail offer like a free trader.

Annual Rent – This is our lowest rent figure associated with a Full Tie.  If the tie is reduced the effective rent (via Tie Release Fees) will increase.  Rent is billed and paid for weekly in advance depending on the payment terms agreed). On occasion, our Business Development Manager will discuss a start up rent which is discretionary to an individual pub and can be discussed.

Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property.  Our standard deposit is 25% of the headline rent.  On occasion, we can negotiate a lower security deposit with the aim to build up to our full deposit on a long term agreement.

Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business.

Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened.

Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture.

Tie: All drinks categories are tied.  For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.

Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme.  Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.

Service Charge Cost – £60.89 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement.  This also includes full access to e-learning for you and your staff.

*Zero Business Rates – Based on the April 2023 rating list, the Nil Rates Payable is based on small business rates relief being applied and the licensee only occupying one property for commercial purposes.


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