6/19/2019 | Pubs

Riverside pub in Kent village seeks new owner

Specialist business property adviser, Christie & Co has brought to the market The George, a well established pub situated on the River Beult in the affluent village of Yalding, near Maidstone in Kent.

Occupying a 16th century property, The George features two main trading areas, with seating for 64 guests altogether. The George’s impressive riverside garden can accommodate for over 200 covers, ideal for hosting private parties and live music events, and a separate courtyard garden provides the ideal setting for more intimate gatherings, accommodating for approximately 40 covers. The site also benefits from a large car park with spaces for 60 vehicles.

Owner’s accommodation, comprising seven double bedrooms, kitchen, large lounge and a rooftop terrace, is situated 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 Bridge, which is recognised as one of the finest medieval bridges in South East England. Benefitting from good transport links, Yalding attracts visitors looking to enjoy the village’s idyllic setting and rich history.  

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.

James Hughes, Senior Business Agent at Christie & Co is handling the sale and comments, “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.”

Christie & Co is seeking an asking price of £1,050,000 for the freehold interest of The George.