DescriptionThe 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.
LocationThe 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 DetailsThe 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 & FittingsFixtures and Fittings are included within the sale.
Letting AccommodationThe 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 DetailsTo 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 AccommodationThere is a managers flat consisting of Two bedrooms, a living room with kitchen and a bathroom.
The OpportunityThe 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.
StaffStaff Information will be made available on request.
Trading InformationTurnover £475,376
Trading information will be made available to genuinely interested and vetted applicants.
TenureLeasehold
TenancyFree 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 RatesCurrent rateable value (1 April 2026 to present) - £14,500
