Leisure and hospitality specialists, in conjunction with AW Gore & Co have announced that the Horse & Groom, one of St. Leonards-on-Sea’s best-known pubs is now available for sale.
The Horse & Groom is situated in a vibrant area of the town and seaside resort, an area awash with character properties which has become a hub for bohemian and boutique shops, art galleries and photography studios. Spanning three grand properties, the Horse & Groom dates from the mid-19th Century and is well-known in the local landscape.
In addition to the traditional public house, the property offers a large four bedroom owner’s accommodation with additional attic rooms, basement cellar and rear trade courtyard. In a unique twist, the Horse & Groom also offers a rental income producing three bedroom maisonette, rental income producing restaurant, as well as garages, workshops and a 1,700 sq ft club room which is well-utilised by the community for a wide range of uses.
Regional Valuations Manger, Robert Cockayne, who is handling the sale commented; “The business is a renowned and highly regarded traditional pub, focusing on a relaxed atmosphere, local ales and good conversation. The business has for the past 27 years established itself as one of the town's most popular watering holes, and as a result we expect strong levels of interest from the open market. Given its uniqueness and additional rental incomes generated, the Horse & Groom is a rare opportunity to acquire a diverse, yet well-established business with a great name.”
The freehold interest of the Horse & Groom is available to purchase off an asking price of £1,300,000.
Further information about this pub for sale can be viewed on our website, or by calling Sidney Phillips on 01982 725900, or by email southeast@sidneyphillips.co.uk.
(March 2023)