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The George & Dragon, The Square, Hurstbourne Tarrant, Andover, Hampshire, SP11 0AA

Guide Price
£1

Business rates & charges may apply

Christie & Co, Pubs & Restaurants
SIZE

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SECTOR

Pub for sale

Key features

  • Beautiful village Pub To Let - Rent £50,000pa
  • Bar & restaurant (60 covers). GIA 534 sq m
  • 8 en suite letting rooms
  • 2 bedroom accommodation
  • Private dining (20 covers), parking for 30
  • Self-contained B&B cottage. EPC Exempt
  • Christie & Co Ref: 3858272

Description

Description

The George and Dragon is a substantial Grade II Listed former coaching inn dating back to the 16th Century, which retains many of its original features.

The business recently closed, but has been historically run by "hands on" owner operators. The property briefly comprises eight en suite letting rooms, a separate letting cottage, 60 internal covers with a separate function room, 60 external covers, and parking for 30 vehicles.

The George and Dragon Website. Site area: 0.279 acres.

Location

The George and Dragon is located in the parish of Hurstbourne Tarrant, part of the Bourne Valley and the North Wessex Area of Outstanding Natural Beauty, which is popular with walkers, cyclists and tourists visiting the area.

The parish has an approximate population of 855 people and is situated in North Hampshire, six miles north of Andover on the A343 leading to Newbury (11 miles).

Internal Details

Open plan bar & dining area with central bar servery seating 40
Restaurant seating 20
Private dining area seating 20 cover
Ladies & gentlemen's WC's
Commercial kitchen with pot wash area
Ancillary areas comprising wine store, beer cellar & office

Fixtures & Fittings

All in situ trade fixtures and fittings are encompassed within the premium, excluding third-party items and certain personal effects. A detailed inventory will be made available to prospective buyers upon acceptance of an offer.

Stock (SAV)

No stock is held.

Letting Accommodation

Arranged over the first floor are eight en suite double bedrooms with coffee-making facilities and Hypnos zip and link beds. Room rates range from £95 - £150 per night, depending on the time of year.

A separate self-contained cottage comprising open plan living room and kitchen, bathroom and double bedroom, located in the South West corner of the car park. Currently sold as a nineth letting room but due to its self contained nature would be perfect for a longer term let, which the current owners have received enquiries.

External Details

Externally, there are three main terrace areas seating 60. Refurbished spring of 2023. Built in bench seating and raised beds have been added to maximise space with well established low maintenance perennial plants and flowers.

Owner's Accommodation

Two-bedroom owner/staff accommodation with independent access located over the commercial kitchen.

The Opportunity

The George & Dragon pub offers a promising opportunity for hands-on owner-operators interested in acquiring a fully refurbished establishment with high-quality letting rooms. Renowned for its locally sourced food and drink, as well as its eight letting rooms, the pub is poised for success. Additionally, the self-contained bed and breakfast cottage represents untapped potential, perfect for owners looking looking to enhance revenue. The business's setting is ideal for owners operators eager to play a direct role in the pub's growth and success.

Staff

No employees will be transferred under the TUPE regulations.

Trading Information

Historical trading figures are not available.

Trading Hours

Historic Trading Hours:
Monday and Tuesdays - Closed
Wednesday-Saturday: 8:30am - 11:00pm
Sundays - 8:30am- 9:00pm

Tenure

The property is being offered on a new free-of-tie lease on a fully repairing and insuring basis, with an annual passing rent of £50,000 for a term of 15 years, subject to five-yearly rent reviews. A minimum of a three-month rental deposit will be required, with rent paid quarterly in advance.

Prospective tenants will be required to provide personal guarantees, a CV, a business plan, and proof of funding.

Business Rates

Rateable value effective from 1 April 2023 is £23,000.

Regulatory

Premises Licence.

Energy Performance Certificates

EPC 1

Brochures

The George & Dragon, The Square, Hurstbourne Tarrant, Andover, Hampshire, SP11 0AA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Andover Station4.8 miles
  • Whitchurch (Hants.) Station5.7 miles

About Christie & Co, Pubs & Restaurants

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3858272-lh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Pubs & Restaurants. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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