Refurbished trading fit-out with strong historic turnover.
Seats 70 indoors and about 90 covers in waterside trade garden
Canal-side and close to Salisbury, The Ship Inn is a fully fitted village pub and restaurant with strong historic trading credentials. The recently refurbished trading areas offer high-quality finishes, a professionally equipped commercial kitchen and flexible indoor seating for 70 plus expansive waterside gardens and decking that accommodate about 90 covers. A self-contained three-bedroom owner’s flat provides convenient onsite living.
Last year’s turnover was circa £325,000 with reported substantial net profits, offering clear income potential for a new operator. The premises include useful back-of-house facilities: cellar, stores, utility room, three-phase electrics and an off-street car park for approximately 34 vehicles — assets that support a high-volume hospitality business.
Important practical and financial points are straightforward: the property sits on a 20-year lease with only 16 years unexpired and is let on a full repairing and insuring basis with rent around £31,000 pa. Mortgage lenders commonly impose strict criteria for short leases and may refuse lending; buyers should seek specialist funding and carry out lease and cost due diligence. The business is closed at present, so re-opening or rebranding will require working capital and operating plans.
For buyers prepared to manage lease, funding and operational restart, this is a rare waterside opportunity in a desirable village location. The site suits operators who can capitalise on the established food-led trade, tourist and local custom, or convert the offer to a different hospitality concept while respecting the lease and planning constraints.
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