Land for sale

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Land for sale

Market Place, Kirkbymoorside, YO62
£900,000

Our Summary

  • Planning permission for change of use

Description

The George & Dragon Hotel, a highly profitable restaurant and hotel in Kirkbymoorside, North Yorkshire, is being offered for sale at Offers Over £900,000. The property comprises a collection of buildings, including the George & Dragon Pub, The Coach House, and Tinley Garth, which together offer a vast range of accommodation options. The business has a full management team and has already been granted planning permission for a change of use to residential purposes. The property has a large plot with ample parking and a delightful manicured garden. The hotel has a turnover of £591,473 and an adjusted net profit of £150,367. The property offers a development opportunity, with the potential to convert the existing buildings into holiday apartments or residential accommodation, with a potential GDV of up to £2.5 million. The location is highly sought after, with excellent shops and amenities, and is close to the North Yorkshire Moors National Park, which attracts five million visitors every year.