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The White Horse

East Street, Rogate, East Street GU31 5EA
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Ref: 3858297
Freehold£435,000

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Richard Wood
Richard WoodRegional Director – Pubs & Restaurants

At a glance

  • Picturesque village location
  • Bar & Dining area (60 covers)
  • Three letting bedrooms
  • Large trade garden overlooking sports field
  • Potential to develop the business
  • Energy Rating C
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The White Horse
East Street, Rogate, East Street GU31 5EA
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Ref: 3858297

The White Horse

Description

The White Horse is an attractive two-storey 16th Century property made of local stone and brick with white render to the front. To the rear is a trade courtyard garden that overlooks the local sports field, and from which cricket and football games can be observed. The property also benefits from parking at the rear, with capacity for circa 21 vehicles, with further parking available on-street. This characterful pub has a wealth of internal architectural features including exposed wood beams, flagstone floors and two open fireplaces. Pedestrian access is provided from the road, with access to the car park provided along the side of the adjoining property.

Location

The White Horse is set in the charming village of Rogate, West Sussex. It is situated just four miles east of Petersfield. The property benefits from a prominent central position within the village along the main arterial route that connects Petersfield to Midhurst, attracting visitors from the local area as well as trade from further afield. Situated in close proximity to the towns of Midhurst (6 miles) and Haslemere (11 miles). The closest cities are Chichester (15 miles) and Portsmouth (20 miles).

Internal Details

Bar area (44) Dining area (16) Ladies & gents WC’s Lower ground beer cellar Commercial kitchen Office/Spare Room

Fixtures & Fittings

We are advised that the trade fixtures and fittings in the property will be included in the sale, except for some personal effects that will be retained by the owner. An inventory will be provided to perspective purchasers upon acceptance of an offer.

Letting Accommodation

There are three letting bedrooms to the upper level of the property, each with an ensuite, as well as an office/spare bedroom which is let out to guests at busier periods of the year such as when the Goodwood Estate hosts events.

External Details

The property has a well-sized paved courtyard to the rear that overlooks the Rogate sports field, providing an observation point for sporting events and to watch children in the play area. The space has proven to be ideal for outdoor events and is an attraction for trade during the warmer months. There is a car park to the rear of the property with space for circa 11 vehicles, in addition to a strip of land rented by the owner that provides an additional 10 spaces at £100 per space, thus equating to 21 spaces overall. The property also benefits from on-street parking to the front.

The Opportunity

The White Horse has been operated by the current owners for two years, trading as a country pub and restaurant offering a consistent level of quality service whilst maintaining standards to ensure its popularity. The business is a pillar within the community, acting as host to numerous sporting teams including three local darts teams, a football team, bowls club, and a golf society. The pub also provides engaging community events such as quiz nights and a regular Supper Club, which invites visitors and local chefs into an immersive cooking experience based on different cultures. These events further enhance the community spirit within the village and help to sustain its well-regarded reputation. The pub has undergone a full and complete refurbishment, including a full replumb and rewiring, with a total cost of circa £200,000. The property also benefits from its close proximity to the Goodwood Estate, which holds various events throughout the year, assisting in drawing lettings trade to the business. A new operator would immediately benefit from the pub’s excellent standing and steady stream of clientele.

Staff

The business benefits from a full complement of staff who are subject to TUPE and will transfer with the business.

Trading Information

No trading information is available, nor will any be provided.

Trading Hours

Mondays closed, Tuesday to Saturday 12:00 to 23:00, and Sundays 12:00 to 19:00.

Tenure

The Freehold to be sold as a trading going Concern (TOGC) inclusive of fixtures and fittings with stock in addition at valuation (SAV).

Business Rates

The Rateable Value as per the April 2023 Ratings List is £11,500 Confirmation of actual rates payable should besought from the Local Authority.

Regulatory

The property attains a Premises License, with Licensed hours being from 10:00am to 01:00am Monday to Sunday. The property is elected for VAT. Prospective purchasers are advised to consult their accountant or financial advisor for professional guidance in this regard