Suffolk brewer and retailer Adnams has placed the freehold of The White Horse in Blakeney, Norfolk, on the market. The grade II-listed property, spanning circa 8,150 square feet, comprises a detached two storey building including nine individually styled bedrooms with en-suite bathrooms.
The main dining areas comprises a public bar and a restaurant with conservatory and breakfast room with a total of 110 covers. Externally, there is a trade patio terrace with a grassed area to the side for approximately 70 customers. The White Horse operates as a managed house business, with average revenue split across food (41%), accommodation (32%) and drinks (27%).
Savills is marketing the site. In December, Adnams said it was to sell off certain assets to pay down debt instead of bringing in new funding. Jenny Hanlon, who was promoted from chief financial officer to chief executive last year, said a handful of the company’s pubs would be offloaded, but the precise number was yet to be determined.
Find out pub and hospitality news first by signing up to Propel’s free email, here.
