Summary - George & Dragon Inn YO62 6AA
1 bed 1 bath Land
Turn-key hotel with strong trading figures and residential conversion potential.
Freehold site in Kirkbymoorside town centre on Market Place
An extensive freehold opportunity in the heart of Kirkbymoorside, offered as a turn-key 20-bedroom hotel business with an established management team. The trading operation delivers substantial turnover (circa £700k) and an adjusted net profit reported over £200k, with a proven on-site restaurant, bar and well-equipped commercial kitchen. The combined buildings total over 1,000 sqm (approx. 11,840 sq ft) and include The George & Dragon, The Coach House and Tinley Garth, plus courtyard, garden and parking for around 20 cars.
For investors or developers there are clear near-term value drivers: trading income from a fully managed hospitality business, immediate redevelopment potential and planning already granted for Tinley Garth to change to residential use. Independent conversion scenarios have been modelled by the seller showing potential GDV uplift across the three buildings (combined GDV estimates provided by vendor total over £2.5m).
Buyers should weigh the rewards against material work and costs required. Conversions and any reconfiguration will need capital expenditure, planning and building works (only Tinley Garth currently has permission). Continued trading relies on retaining the existing management or installing new operators; sale includes fixtures and fittings not personal to the vendor. The property sits in an affluent, tourist-friendly town close to the North Yorkshire Moors, benefiting from strong visitor demand but also seasonal trading patterns.
This opportunity suits an investor or small development group looking for an income-producing asset with realistic redevelopment upside and room to enhance returns through conversion, operational changes or portfolio integration.
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