FindMyPub.com
Coastal
Property details
The Prince of Wales is situated on the corner of the busy Maine Castle Road and Victoria Road, just a 5-minute walk from the busy town centre of Scarborough. Scarborough, England, is the perfect vacation destination for those who want to relax and enjoy the city's calming atmosphere, as it is famously known to house the largest resort in Yorkshire. This city is also known as a fishing hotspot. A total population of 13800 people live within a ½ - mile radius of the pub, the highest proportion of these being between the age of 25- to 44-year-olds.
Upon entering, guests are welcomed into an open-plan room which is segmented into two areas and has a central bar as a focal point, making it easy for people to access drinks and creating a gathering spot with its abundance of high bar stools and low-level fixed and loose seating. To the right of the pub is a dartboard and games machine, TVs are located throughout the pub for guests to enjoy televised sports. Located to the left-hand side of the bar is a raised DJ area, creating a diverse range of entertainment options, catering to different interests and preferences among visitors. This setup allows for a dynamic atmosphere where people can enjoy various activities while still being part of a larger communal space.
The private accommodation consists of a large living room with a bathroom, kitchen, and three large bedrooms.
FindMyPub.com
Team Games
FindMyPub.com
Live Entertainment
Trading style
The Prince of Wales has a vibrant atmosphere, blending entertainment with community engagement to create a lively pub experience. The regular quiz nights, DJ sets, and karaoke nights provide a variety of entertainment options for guests. Introducing live entertainment with bands and artists could indeed elevate the experience further, offering something fresh and exciting for visitors. Maintaining the pub’s connection with the local darts team is also important for fostering community spirit and loyalty among regulars. The new licensee will have a good understanding of the pub’s identity and is keen to build upon its existing strengths while adding new elements to enhance the overall offering.
The Prince of Wales pub in Scarborough is a historic establishment located on North Marine Road. It’s a popular spot among locals and visitors alike, known for its traditional pub atmosphere, selection of drinks, and sometimes live music or entertainment events. The landlords are looking for someone who can be part of the community link to events and activities in the town and build a good local following with entertainment and pub games. Good service and standards are a must with an eye for marketing on social media.
Key financials
-
Reference Number:
IU3WDL / P04397
-
Agreement Type:
Tenancy
-
Min Ingoing Cost:
£12,000.00
-
Annual Rent:
£10,500.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £10,500
Security Deposit: £5,000
Working Capital: £3,500
Stock: £3,500
F&F: TBC – funding options may be available for the right licensee.