Tuesday, 26 May, 2020

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Landmark Surry Hills pub The White Horse up for sale

Known for the glittering silver and white stallion on its roof, landmark pub The White Horse, in the heart of Surry Hills is now looking for a new owner.

Just listed for sale through Savills agent Tony Bargwanna, who is yet to disclose an asking price, the pub is advertised as earning more than $500,000 a year in rental income from the current tenant Prosper Roster.

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The White Horse Hotel in Crown Street, Surry Hills could be yours.

Iconic enough to have its own Wikipedia page, The White Horse at 381 Crown St was opened in the 1930s at a time when a tramway ran right out the front and Surry Hills was a far cry from what it has become today.

Rough and tumble working class watering holes were the norm and the trendy eateries and wine bars were half a century away.

Inside the White Horse Pub in Surry Hills.

Throughout the years the pub had many identities, and even suffered a caved-in roof during a 1990s hailstorm, but it wasn’t until the new millennium that The White Horse took off.

A popular spot for a drink on the upper levels. Sydney Picture: Brianne Makin

By 2004, the pub had a facelift and the now-famous stallion was added to Surry Hills’ skyline.

Made in Scotland by artist Andy Scott, the sculpture was cut into pieces and reassembled in Sydney.

A year later the hotel was bought by Precision Group for $5.5 million.

Inside the White Horse Hotel.

Licensee Steven Hiles signed a 12-year lease by 2014 and the popular pub underwent yet another significant renovation by Matt Woods Design to include upper level lounge areas and a rooftop terrace.

Sitting opposite the site of the Surry Hills markets, close to the Surry Hills library and surrounded by eateries, the pub is a short walk to both the new light rail and Central Station.

Prime spot to keep warm during winter with a fire place built into the wall.

In 2017, another landmark Surry Hills pub, the multistorey Crown Hotel on the corner of Cleveland and Crown Sts, sold for $26.1 million.

The same group offloading the Crown Hotel, The Lantern Group, sold The Dolphin Hotel (also on Crown St) for $11.15 million in 2015.

The White Horse is being offered for sale via an expressions of interest campaign set to close on September 25.