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The Wycombe House 1073 Mill Creek Rd

5,197 SF Retail Building George School, PA 18940 £1,478,831 (£285/SF)

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Investment Highlights

Has a century of warm reputation and success as a successful dining and pub experience
Entire Building is updated to current codes and ready of occupancy

All equipment is within 1 1/2 years with only 1 year of usage
Liquor License allows for 52 off site catering usages per year

Executive Summary

The restaurant was purchased in early 2022 and was completely renovated and upgraded for a restaurant-pub. It was open for 1 year and sold but came back on the market.

Ralph Rizziello - 1073 Mill Creek 3rd draft

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Property Facts

Sale Type

Investment or Owner User

Sale Condition

Business Value Included

Property Type

Retail

Property Subtype

Restaurant

Building Size

5,197 SF

Building Class

Year Built/Renovated

1902/2022

Price

£1,478,831

Price Per SF

£285

Tenancy

Single

Number of Floors

Building FAR

0.08

Lot Size

1.57 AC

Zoning

Restaurant/Pub - Hotel, Restaurant Pub is approved in the Zone

Parking

62 Spaces (11.93 Spaces per 1,000 SF Leased)

Frontage

144 ft on Mill Creek Road

Amenities

Restaurant
Security System

Signage
Wheelchair Accessible

Accent Lighting

Air Conditioning

About 1073 Mill Creek Rd , George School, PA 18940

Restaurant/Pub with Liquor License was completely renovated down to the studs in 2022 on 1.58 Acres with plenty of parking. The Wycombe House has been a Dining and Gathering place for the community for over 100 years. There is a lovely Al Fresco dining area with a fire pit and bar. The Restaurant and Outdoor dining can accommodate up to 153 patrons. Each floor has a new handicaped accessible bathroom. To keep your patrons comfortable the HVAC system has several zones and is all new. As with the building and outside dining area, the parking lot and roof are new as of 2022. A Five-mile Demographics search shows a population of 50,000 and an average income of $175,000 and at ten miles the population is 356,000 with an average household income of $143000. The Liquor license allows for 52 off-site catering contracts per year in PA.

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