Leisure/hospitality for sale in Market Place, Kirkbymoorside YO62

Offers over £1,200,000
Interested in this property? Call +44 113 427 5931 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Leisure/hospitality for sale

Property features

  • 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

Property description

Restaurant & Hotel, North Yorkshire

The George & Dragon Hotel

Offers Over £1.2m

• 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 £1.2m

• Further Information & Useful Links

The George & Dragon has a dedicated website, please visit

Property info

View original

Arrange Viewing

For more information about this property, please contact
Nationwide Business Sales, WF10 on +44 113 427 5931 * (local rate)

Contact Nationwide Business Sales about this property

Enter details
    Morning (8am-noon)
    Afternoon (noon-5pm)
    Evening (5pm-9pm)
  1. Characters remaining: 500

By submitting this form, you accept our Terms of Use and Privacy Policy. When you click 'Send message''Request valuation', we will pass your personal data to the selected estate agents so that those agents can respond to your request for information or to arrange a viewing. valuation request.

Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Nationwide Business Sales, and do not constitute property particulars. Please contact Nationwide Business Sales for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

View all Market Place commercial properties for sale