More on KentOnline
More on KentOnline
A riverside pub dating back to the 16th century has been put on the market.
The George in Yalding, once threatened with plans to transform it into flats, is now available to buy for a price of just over £1 million.
Featuring two main trading areas, with seating for 64 guests, the pub overlooks the River Beult and its garden is earmarked as a potential destination for private parties and live music events.
There is also a separate courtyard garden which provides the setting for more intimate gatherings, as well as a large car park with spaces for 60 cars.
Owner’s accommodation, comprising seven double bedrooms, kitchen, large lounge and a rooftop terrace, is across the first and second floors, which could be converted into a bed & breakfast, subject to planning permission, to provide an additional income stream.
With the Rivers Teise and Beult joining the River Medway in the village, Yalding has become known for its three bridges, one of which is the Twyford, which is recognised as one of the finest medieval bridges in the south east.
Having acquired the pub when it was closed four years ago, current owners, the Chalker family, have built The George into a well established and family friendly business which has become a part of the local and wider community.
Following the decision to sell in order exit the sector, the Chalker family will focus on another project abroad.
Specialist business property adviser, Christie & Co is handling the sale, and is seeking an asking price of £1,050,000 for the freehold interest of The George.
Senior business agent James Hughes said: “The George is a lovely family pub at the centre of the village and plays a large part within the local community.
"Demand for freehold pubs in Kent remains high, especially for pubs which have the potential for letting rooms plus a significant amount of land, and as such, we anticipate The George will generate interest from a wide variety of buyers.”
