Beer Garden
External Drinking Area
Car Park
Childrens Play Area
Restaurant/Dining
Property details
The George & Dragon is a large, attractive community pub set on a prominent corner location in a very picturesque region on the Yorkshire coast; only two miles from the sea and five miles from the famous village of Hornsea. The pub is close to three large caravan parks and is a popular destination for walkers, families, and tourists throughout the summer, while the surrounding houses give an established catchment area for regular community trade all year round.
The main entrance leads into the bar area with a central bar servery, cosy seating, and welcoming open fire, alongside a games area featuring a pool table, gaming machine, and darts oche. Separate from the bar is the dining area/lounge which has a fantastic carvery servery and a mixture of loose tables and chairs. Adjoined to this is a good-sized, fully equipped catering kitchen.
The car park to the rear can accommodate approximately 20 cars, and there is also a fenced children’s play area with a climbing frame.
Above the property is a separate private accommodation with one bedroom, lounge, and bathroom. In addition, there is the opportunity to further develop this business with up to 6 letting rooms, but an investment would be needed to get these rooms fully operational.
Cask Ale
Catering Kitchen
Team Games
Pool Area
Live Entertainment
Experienced Operator
Trading style
The George & Dragon is the hub of the village all year round with popular quiz nights during the week and live entertainment such as karaoke on weekends, and there is already a strong established community following. Close by are three caravan parks which provide a boost to revenue during the holiday season, and the area is busy with walkers and tourists who use the pub to wind down after a day spent in the surrounding areas. In the summer months, the children’s play area and beer garden prove very popular with families, while the letting rooms could provide an additional income stream for the business if work were carried out to update them. Although it has been recently operated as a wet-only offer, food should be a significant part of the business as the pub is ideally located to become a destination dining venue.
The landlords are looking for an experienced operator with the right skills and vision to develop this site, initially as a fantastic community pub with a good food offer. At a later stage, they would be interested in developing the site's potential to offer bed and breakfast so potential candidates would ideally be willing to extend the business with this third income stream. The George & Dragon has the potential to be not only a great village pub but also a destination pub offering food and bed and breakfast. It is ideally located to take advantage of the summer tourist trade, but could also accommodate contractors as it is close to the expanding Hull docklands area.
Key financials
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Reference Number:
IU3WDL / P03222
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Agreement Type:
Tenancy
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Min Ingoing Cost:
£10,500.00
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Annual Rent:
£17,000.00
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Please be aware energy performance certificates are available from the landlord.
Annual Rent: £17,000
Security Deposit: £5,000
Working Capital: £4,000
Stock: £1,500
F&F: TBC – funding options may be available for the right licensee.