White Horse, Edenbridge
21 October 2009

White Horse rides again

Edenbridge’s historic White Horse pub has a new owner in the saddle and is soon to dip a hoof into the restaurant trade.

Licensed leisure specialists AG&G, acting for vendors Shepherd Neame, completed the sale of the former Tudor coaching inn early in October. The buyer, who paid in the region of £325,000, is planning to convert the town-centre property into an Indian restaurant.

“The White Horse is a listed pub with character in an affluent town close to the M25. Although it has now come to the end of its time as a traditional pub, it still has a lot to offer, both to its new owner and the community it serves,” says Anthony Alder of AG&G.

“It is an example of an established trend for pubs in good locations with accommodation, parking and other useful features to take on a new lease of life as ethnic restaurants. We were not surprised to receive a considerable of interest from this sector.”

As well as two residential flats, the property included nine en-suite letting rooms, a small beer garden and two parking spaces.

Located in Edenbridge High Street, the White Horse is believed to have been built in 1574 – an Elizabethan Royal Charter of the time decreed that it should stay a coaching inn.  It may have got its name from the horse-drawn coaches that ran from the stable yard to join the London-bound stage at Westerham. Alternatively, it may be a reference to the White Horse Rampant – the rearing horse that is the symbol of Kent.

For more information, contact Anthony Alder on 020 7836 7826, e-mail aalder@agg.uk.com or media@agg.uk.com.

AG&G are chartered surveyors specialising in the licensed leisure industry, with the skill and experience needed to value, assess or promote a property not simply as bricks and mortar but as a business. If it involves the price of a licensed premises, its profitability, rental value, investment prospects or value in a dispute, AG&G can help.

AG&G
8 Exchange Court,
London, WC2R 0JH