The Ship, Cambridge

The Ship, Cambridge

  • The Ship, Cambridge gallery image
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Key Highlights

  • Prominent location on the east side of Cambridge with large garden and car park
  • Great reputation amongst local sports fans
  • Good sized catering kitchen, with plenty of storage capacity
  • Potential for joint venture investment subject to board approval. 
  • Payment plan available for fixtures and fittings

Pub Overview

With historic good levels of trade established by previous operators, The Ship presents an enticing opportunity to take on a popular community-focused local pub. Located in Kings Hedges & Arbury areas of Cambridge, within easy walking distance of the area's sizeable population, The Ship occupies a prominent location and has a good roadside presence. The pub is a traditional community pub, with Pool, Darts, Bingo & Karooke amongs the activities, with the potential for a simple value for money food offer.

Suitable Applicants

The Ship would suit an operator committed to engaging with their local community passionate about providing a community hub for the area with safe atmosphere. A desire to develop the pub’s value for money food offer and build upon its already strong reputation for community activities is a must. Financial know-how is required to maximise the pub’s profit potential, as is marketing experience -  particularly social media, in order to promote The Ship's events programme to the wider area.

Financial Overview


We estimate the Investment required for this pub would be as follows:

APPROXIMATE TOTAL Please note that these are estimated figures, given as a guide only, and do not include fixtures and fittings. £18,750
Security Deposit Approximate figure, paid in advance to Wells & Co. Ltd held to cover credit and rental charges. Returnable at the end of the agreement. Note - If the business is to be run as a limited company, personal guarantors from each company director are required. £6,000
Stock and Glassware In the region of (paid to the outgoing licensee on the day of changeover) to cover the value of opening stock. £3,500
Valuers Fees In the region of( paid to valuer) for valuing fixtures and fittings.Minimum working capital required £800
Training Course Fees   Per person (payable to Wells & Co. Ltd) 5 day  induction course mandatory for all licensees – NB £800 for two people £500
Administration Fee In the region of (payable to Wells & Co. Ltd in advance) to cover e.g. premises license changes, solicitors fees, and agreement £400
Advance Rent In the region of (usually 1 month)  £1,550
Working Capital Minimum working capital required £6,000
Fixtures and Fittings  Estimated valuation (paid to the outgoing licensee via the valuer at least 7 days in advance) to purchase e.g. carpets, curtains, tables and chairs, kitchen equipment.  £11,000
Drink Sales 95%
Food Sales 5%
Room Sales

Ongoing Costs

Service Charge Payable monthly, to include: Cellar cooling service, Buildings insurance, Fire Compliance, Boiler maintenance (tenancies only). NICEIC Electrical Test (tenancies only) £2,733pa
Accountancy Services fees for a nominated accountant £2,625pa
Stocktaking Services We recommend all licensees should have six professional stocktakes per annum £1,600pa
Rent Payable monthly in advance £18,500pa
Please note that these are estimated figures, given as a guide only. Goods and services may be subject to VAT.

Pub Details

Northfield Avenue, Cambridge, Cambridgeshire, CB4 2LG
Destination community wet
Total Investment 15k - 20k
Potential Partner Profit £20,000
Enquire About This Pub

Could this be the pub for you?

Please ring 01234 244453 to speak with our recruitment team.