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George & Dragon Hotel, 17 Market Place Kirkbymoorside, York, North Yorkshire, YO62 6AA

Guide Price
£1,250,000

Business rates & charges may apply

Christie & Co, Leeds
SECTOR
Hotel for sale

Key features

  • Deceptively spacious hotel, pub & restaurant
  • Located in pleasant North Yorkshire Town
  • 20 letting rooms across 3 separate buildings
  • 0.4 acre site, close to North York Moors
  • 2021 ANP of £163k (despite covid closures)
  • Owner's/manager's accommodation. Energy Rating C
  • Christie & Co Ref: 5443955

Property description

Tenure: Freehold

Description

A charming and historic coaching inn/hotel with 20 en suite bedrooms, traditional bar, restaurant, owner's accommodation, two cottages and ample parking.

Location

The George & Dragon Hotel is centrally located in the popular market town of Kirkbymoorside, which is on the A170 close to the highly desirable town of Helmsley and just two miles from the southern edge of the North York Moors National Park.

There is also a multitude of other tourist destinations and places of interest in the area, such as the Howardian Hills Area of Outstanding Natural Beauty, the Yorkshire Heritage Coastline, with its notable towns including Whitby and Scarborough, and, of course, the historic City of York which lies just 27 miles to the south.

Internal Details

Accommodation is arranged over three buildings:

To the front, and facing onto Market Place, is the charming, character filled traditional pub/bar with ample seating and standing room and a good bar servery. This provides access to the dining restaurant, the kitchen and also to the owner’s accommodation, which comprises a lounge, kitchen, office, two bedrooms and a bathroom.

To the rear of this is The Cornmill, a three storey bedroom block, which boasts 12 en suite double bedrooms and also a function room.

In addition, there is a separate, three storey property with eight double bedrooms in all which is accessed vie either the main business entrance or through the car park and gardens.

External Details

Between the main building and the bedroom block is a small patio area, ideal for external drinking and dining, whilst to the rear is a good sized, private car park and pleasant gardens. The site extends to 0.4 acres.

The Opportunity

This is an excellent opportunity to purchase a very well established hospitality business with good reviews on Booking.com and TripAdvisor. The size of the accommodation and the number of rooms on offer, couple with the great location in the heard of a popular tourist area, make this ideal for a buyer to drive the leisure and hospitality trade.

Trading Information

Trade accounts go August 2021 shows a turnover of £398K despite Covid closures and trade restrictions and this in turn has generated adjusted net profits of £163k which allows for Directors Costs, Motor Expenses, Depreciation and Legal Fees.

Full trading accounts for the last 5 years are available on request.

Business Rates

The Rateable Value is £35,000 with effect from April 2017. Confirmation of actual business rates payable should be obtained from the local authority.

Regulatory

Premises licence.

Energy Performance Certificates

EPC 1

Brochures

George & Dragon Hotel, 17 Market Place Kirkbymoorside, York, North Yorkshire, YO62 6AA

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Malton Station11.0 miles

About Christie & Co, Leeds

12 Greek Street, Leeds, LS1 5RU

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

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Notes

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Disclaimer - Property reference 5443955-fh. 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, Leeds. 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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