Initial price	£1,200,000
11/02/25	£1,000,000
Price Change	-16.67%

The George & Dragon Hotel is a unique opportunity to purchase a successful restaurant and hotel in the heart of Kirkbymoorside, North Yorkshire. The property consists of multiple buildings, including the George & Dragon Pub, The Coach House, and Tinley Garth, offering a total of 60 letting bedrooms, a restaurant with 60 covers, and a commercial kitchen. The business is highly profitable, with a turnover of £591,473 and an adjusted net profit of £150,367. The property also has development potential, with planning permission already granted for a change of use to residential purposes for Tinley Garth. The ground floor of the pub could be converted into holiday apartments or residential accommodation, offering a GDV of up to £750,000, while The Coach House could be converted into five apartments, with a GDV of up to £1m. The property is situated on the high street in a thriving tourist destination, with excellent shops and amenities, and is close to the North Yorkshire Moors National Park, which attracts five million visitors every year. The asking price for the property is Offers Over £1.2m.