Perhaps Perth's oldest pub, and 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. A lounge area to left of bar has a selection of books for reading. The upstairs lounge reopened as 'Above Board' in December 2018 after 20-year closure, and has now been upgraded as ‘The Speakeasy’, while the bar area and toilets have benefitted from refurbishment in January 2026.

The Old Ship was an oasis in Perth for real ale back in the 1980s, and now offers three changing cask beers served from new Angram handpulls, often including a seasonal ale from Greene King, a Scottish guest beer, and from breweries down south, such as Black Sheep, St Austell or Theakston.

Tayside CAMRA's Perth City Pub of the Year 2023, 2024 & 2025.