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Freehold

Offers over

£900,000

Land for sale

Market Place, Kirkbymoorside YO62
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Offers over

£900,000

Land for sale
Market Place, Kirkbymoorside YO62

    Freehold

    About this property

    • Three properties

    • 20-bedroom hotel

    • Gdv over £2.5m

    • Planning permission for change of use

    • Turnover £700k

    • Turn-key business

    • Anp over £200,000

    • Development options

    • Over 1,000 sq/m

    • Fully managed

    Restaurant & Hotel, North Yorkshire

    The George & Dragon Hotel

    Offers Over £900,000

    • Opportunity

    The George & Dragon Hotel is a vast collection of properties on a large plot in the heart of Kirkbymoorside

    Very successful highly profitable restaurant & hotel

    The business and property has a full management team, this is a turn-key opportunity at it’s best

    Outstanding opportunity to develop the properties to holiday apartments, or residential accommodation

    Tinley Garth has already been granted planning permission for a change of use to residential purposes

    • Internal Details

    The George & Dragon Pub – 390sq/m

    Restaurant with 60 covers

    Bar area with 60 covers

    Very well equipped large commercial kitchen

    Three-bedroom managers flat

    The Coach House – 376sq/m

    12 ensuite letting bedrooms

    Tinley Garth – 278 sq/m

    8 ensuite letting rooms

    Please see the floor plans for further information

    • External Details

    The George & Dragon Pub – 390sq/m

    Rear courtyard with seating for 20 people

    The Coach House – 376sq/m

    Car parking for 20 cars

    Tinley Garth – 278 sq/m

    Delightful manicured garden to the rear

    Please see the aerial photographs

    • Development Opportunity

    The George & Dragon Pub – 390sq/m

    The ground floor could be retained as a pub & restaurant with the kitchen being moved to the ground floor

    The first floor could then be converted in to further holiday apartments or residential accommodation

    This would deliver a gdv of up to £750,000

    The Coach House – 376sq/m

    The building could easily be converted into five apartments, and used for holiday lets or residential accommodation

    gdv of this conversion would be up to £1m

    Extending the second floor on to the balcony would create a sixth apartment further enhancing the gdv

    Tinley Garth – 278 sq/m

    The building could easily be converted into three luxury apartments, and used for holiday lets or residential accommodation

    Tinley Garth has already been granted planning permission for a change of use to residential purposes

    gdv of this conversion would be up to £750,000

    The large garden can be shortened to offer additional private car parking spaces

    • Location

    The George & Dragon sits on the high street in the picturesque tourist destination of Kirkbymoorside

    This very sought-after town is a thriving community throughout the year

    Excellent shops and amenities attract locals, visitors and holiday makers alike as Kirkbymoorside is one of the largest towns this close to the North Yorkshire Moors National Park

    The National Park is one of the most popular and visited National Parks in the UK, attracting some five million visitors every year

    The affluent area is known for quality food destinations

    • Fixtures & Fittings

    All fixtures and fittings not personal to the vendors are included in the sale

    • Financials

    Accounts for the year ending 31st August 2022 show a turnover of £591,473 delivering an impressive adjusted net profit of £150,367

    Full accounts are available

    • Tenure

    Nationwide Business Sales are thrilled to offer this very profitable opportunity to the market at Offers Over £900,000

    • Further Information & Useful Links

    The George & Dragon has a dedicated website, please visit

    More information

    • Tenure

      Freehold

    • Council tax band

      TBC

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