The George & Dragon Hotel presents an outstanding investment opportunity within the charming town of Kirkbymoorside, North Yorkshire. This expansive property comprises a successful restaurant and hotel operation, situated on a sizable plot in a prime location. The establishment features the main pub area, accommodating 60 covers alongside a bar and well-equipped commercial kitchen, as well as 12 ensuite letting bedrooms in the Coach House and additional ensuite rooms at Tinley Garth. Notably, Tinley Garth already possesses planning permission for conversion to residential use.
This property offers substantial potential for redevelopment; the ground floor can remain a bustling pub and eatery while converting the upper levels into holiday apartments or residential units, greatly increasing its market value. The Coach House could be transformed into five apartments with potential for further expansion to enhance overall profit margins. Moreover, the generous outdoor spaces include a manicured garden and ample parking facilities, which can be optimized further.
Located near the picturesque North Yorkshire Moors National Park, this site benefits from year-round tourist traffic and local patronage due to its thriving community and attractive amenities. Whether retaining its current operations or pivoting towards residential developments, this property stands out as a versatile investment choice with significant growth potential.
