Said to be the oldest pub in Perth dating back to 1665, with no name change. Walls are timber-lined with white painted beamed ceiling and frieze lightening up the bar. A large oil painting of a sailing ship is of particular interest. Lounge area to left of bar with a selection of books for reading. The Old Ship was an oasis in Perth for real ale in the 1980s, now offering three changing beers, often including a seasonal ale from Greene King, and guest beers from down south, such as Black Sheep BB, Oakham JHB or Theakston Old Peculier.

The upstairs lounge reopened as 'Above Board' in December 2018 after 20-year closure. Tayside CAMRA's Perth City Pub of the Year 2023, 2024 & 2025.