The Green Dragon, 4 College Street, Higham Ferrers, NN10 8DZ

£50,000

Size

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Tenure

Leasehold

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Parking

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Primary use
Pub

Key features

  • Prominent Town Centre Position
  • Established Wet Led Pub with 6 Letting Rooms
  • Unused Commercial Kitchen
  • 1.1 acre plot with Large Beer Garden
  • Turnover £475376
  • EPC Rating C
  • Annual rent: £54,982
  • Christie & Co Ref: 5752419

Description

Description

The Green Dragon Hotel is a substantial licensed property comprising a traditional public house together with letting accommodation on a sizeable plot in excess of 1 acre.

The business currently operates primarily as a wet-led venue, offering an excellent opportunity for an incoming operator to develop further revenue streams through renovating the letting rooms and re-introducing food via the unused commercial kitchen.

Location

The Green Dragon Hotel occupies a prominent position within the historic market town of Higham Ferrers, Northamptonshire.

Higham Ferrers is a well-established market town located close to Rushden and benefitting from excellent road connectivity via the A6 and A45.

The town serves a substantial local residential population whilst also attracting visitors to the area's historic buildings and local amenities.

The property enjoys strong visibility within the town with an excellent street presence, and is well positioned to benefit from both local trade and passing custom.

Internal Details

The ground floor provides three principal trading areas, comprising a main bar, a separate lounge/bar area and additional customer seating space, offering flexibility for day-to-day trade, private functions and events.

To the rear is a commercial catering kitchen, together with a range of ancillary areas including stores, cellar, staff facilities and preparation space.

The first floor contains a large bar area that could be utilised as a restaurant / function room, with access to the letting rooms and owners accommodation.

The Gross Internal Area is just shy of 6,800 SqFt.

Fixtures & Fittings

Fixtures and Fittings are included within the sale.

Letting Accommodation

The property benefits from six guest letting rooms which provide an established secondary income stream in addition to the core public house business.

The accommodation would benefit from renovation to further maximise the opportunity and diversify trade income

External Details

To the rear and side of the property is a substantial beer garden providing extensive customer seating, serviced by an outdoor bar, along with car park and several additional outbuildings for storage.

The outdoor area is ideally suited for events, live entertainment, beer festivals, community gatherings and private functions, creating opportunities for additional revenue generation during the spring and summer months. It is a fantastic asset to the pub. The Pub sits on a near 1.16 acre plot

The external trading space represents one of the property's key strengths and provides significant flexibility for an incoming operator.

Owner's Accommodation

There is a managers flat consisting of Two bedrooms, a living room with kitchen and a bathroom.

The Opportunity

The Green Dragon presents an excellent opportunity to acquire an established licensed premises through lease assignment, with significant growth opportunities.

Key opportunities include:

- Reintroduction of a food-led operation utilising the existing commercial kitchen
- Renovation of the letting rooms to improve income and occupancy levels
- Continuation of outdoor events and functions within the substantial beer garden
- Expansion of wet sales through entertainment and community-focused activities

The property would suit experienced operators seeking a business with multiple income streams and significant scope for growth.

Staff

Staff Information will be made available on request.

Trading Information

Turnover £475,376

Trading information will be made available to genuinely interested and vetted applicants.

Tenure

Leasehold

Tenancy

Free of Tie Lease
Rent £54,982 pa 25-26
Term Remaining - 10 years - expiring in 2036
Next rent review - 2031
Annual Increases linked to RPI
Full FRI lease

The lease will be made available for review to serious and qualified buyers.

Business Rates

Current rateable value (1 April 2026 to present) - £14,500

Additional information
Service charge
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Business rates
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Use class
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Listed building
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Business for sale
Yes
Leasehold: Ask agent
Tenure
Leasehold
Length of lease
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Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

Brochure

The Green Dragon, 4 College Street, Higham Ferrers, NN10 8DZ

NEAREST STATIONS

National Rail

Wellingborough Station

3.57 miles

About Christie & Co, Pubs & Restaurants

Christie & Co, Pubs & Restaurants

Your trusted pub & restaurant property adviser

From traditional pubs and vibrant nightclubs to sophisticated wine bars and community-led social clubs, licensed trade businesses are our passion. We have unrivalled experience and expertise in the UK pub sector. — and with a network of 11 offices and the UK’s largest hospitality team, our clients benefit from unrivalled local market knowledge.

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Disclaimer - Property reference 5752419-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.