Property Description

The Ship Inn occupies a prominent high street location in the centre of Ingoldmells, on a busy junction of the main A52 road into Skegness - less than a mile from the beach. The pub is surrounded by a mixture of residential properties and a large number of holiday parks, along with a good number of local retail businesses. The local population tops 30,000 residents within a 5-mile radius, in addition to the large number of holidaymakers flocking to the area during the peak season. The town of Skegness is a short 10-minute drive away, and local attractions include the North Shore and Seacroft golf clubs. Pub Layout Two separate entrances from the car park lead into the spacious, open-plan main lounge bar featuring a large bar servery, gaming machines, several TV screens and loose tables & chairs to accommodate approximately 60 covers. A raised seating area to one end of the lounge is currently used as a pub games area with pool table, dartboard and more relaxed lounge seating, but could alternatively be used as a stage area for live entertainment/karaoke. To the other end of the lounge is a carvery unit adjacent to the main catering kitchen, which is fully equipped and of a good size. A passageway leads from the main lounge past the toilets to a traditional "tap-room" bar, with a separate bar servery, TV screen and mix of fixed and loose seating. Externally the pub has a recently refurbished patio/garden area, with seating for approximately 50 customers and festoon lighting. The large L-shaped car park can provide parking for up to 60 vehicles.

Trading Style

The Ship Inn currently trades with approximately a 60:40 wet/dry split, with strong support from the local community.  Minimal competition in the winter months (only a handful of the local pubs and bars stay open out of season) means that there is a strong all-year round trade, which is boosted by tourism in the peak season. The pub opens early during the holiday season to offer a breakfast menu, and also holds a popular weekly car boot sale on the large car park. There could be an opportunity to build on the current trade with a regular entertainment programme.

 

Agreement Type

Property Facilities

Restaurant/Food Private Accommodation Live Music Kitchen Parking Beer Garden

Property Financials

Approx. Total Ingoings

£20,000

Annual Rent

£43,000


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