Here's a different version I got from Dutch:

Boozing, boozing, just you and I
Boozing, boozing when we get dry
Some do it open and some on the sly
But we're always bloody well boozing

Where do you think we have been all the night?
Boozing, bloody well boozing
And how do you think that we've got all so tight?
Boozing, bloody well boozing
You may think it's wrong and it's really not right
To spend so much money on getting so tight
But what do you think we'll be doing tonight
Boozing, bloody well boozing

[Verse missing about Young married man, will update]

What do the Salvation Army run down?
Boozing, bloody well boozing
What are they preaching in every town?
Boozing, bloody well boozing
For at the street corners they stand and they shout
They shout about things they know f*** all about
But what are they doing when their lights are all out?
Boozing, bloody well boozing

What are the joys of jolly Jack Tar?
Boozing, bloody well boozing
What are the joys of the bold sons o' war?
Boozing, bloody well boozing
And what makes England the land of the free?
And what if another Great war came to be?
Where would you find all the Royal Navy?
Boozing, bloody well boozing