House For Sale Market Place, York, YO62
£1,200,000
1 of 15
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Last Updated: 12th April 2024
Description
Restaurant & Hotel, North Yorkshire
The George & Dragon Hotel
Offers Over £1.2m
•\tOpportunity
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
•\tInternal Details
The George & Dragon Pub – 390sq/m
\tRestaurant with 60 covers
Bar area with 60 covers
Very well equipped large commercial kitchen
Three-bedroom managers flat
The Coach House – 376sq/m
\t12 ensuite letting bedrooms
Tinley Garth – 278 sq/m
\t8 ensuite letting rooms
Please see the floor plans for further information
•\tExternal Details
The George & Dragon Pub – 390sq/m
\tRear courtyard with seating for 20 people
The Coach House – 376sq/m
\tCar parking for 20 cars
Tinley Garth – 278 sq/m
\tDelightful manicured garden to the rear
Please see the aerial photographs
•\tDevelopment 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
•\tLocation
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
•\tFixtures & Fittings
All fixtures and fittings not personal to the vendors are included in the sale
•\tFinancials
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
•\tTenure
Nationwide Business Sales are thrilled to offer this very profitable opportunity to the market at Offers Over £1.2m
•\tFurther Information & Useful Links
The George & Dragon has a dedicated website, please visit
The George & Dragon Hotel
Offers Over £1.2m
•\tOpportunity
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
•\tInternal Details
The George & Dragon Pub – 390sq/m
\tRestaurant with 60 covers
Bar area with 60 covers
Very well equipped large commercial kitchen
Three-bedroom managers flat
The Coach House – 376sq/m
\t12 ensuite letting bedrooms
Tinley Garth – 278 sq/m
\t8 ensuite letting rooms
Please see the floor plans for further information
•\tExternal Details
The George & Dragon Pub – 390sq/m
\tRear courtyard with seating for 20 people
The Coach House – 376sq/m
\tCar parking for 20 cars
Tinley Garth – 278 sq/m
\tDelightful manicured garden to the rear
Please see the aerial photographs
•\tDevelopment 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
•\tLocation
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
•\tFixtures & Fittings
All fixtures and fittings not personal to the vendors are included in the sale
•\tFinancials
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
•\tTenure
Nationwide Business Sales are thrilled to offer this very profitable opportunity to the market at Offers Over £1.2m
•\tFurther Information & Useful Links
The George & Dragon has a dedicated website, please visit
Agent Details
Nationwide Business Sales LTD
5 Flemming Court, Castleford, WF10 5HW
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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.