Fleurets has sold the Black Horse in Climping, West Sussex, to Historic Sussex Hotels, marking their fourth site.
Historic Sussex Hotels' existing sites include The Spread Eagle Hotel, Bailiffscourt and Ockenden Manor. The family run business is passionate about historic and architecturally interesting buildings, and a spokesperson commented: "We are excited to add The Black Horse in Climping to our portfolio and look forward to beautifully restoring the pub to its former glory. Each of our hotels and spas are unique in style, character and history and united in a commitment to offering a relaxing, friendly and welcoming atmosphere. As a family we are passionate about hospitality and delivering the highest standards of comfort, service and food. We aim to be welcoming guests in the spring of 2020."
The transaction was brokered by Nick Earee of Fleurets, who acted on behalf of the vendor Ei Group. Nick Earee added: "We are thrilled to have completed on the quick sale of this Grade II listed 17th century property and to the perfect purchaser; we began marketing the premises in late November last year off a guide price of £500,000 for the freehold."
Richard Phillips, Estates Manager at Ei Group commented: "We are pleased to have sold this site to excellent operators in Historic Hotels, who have an outstanding reputation. It is also pleasing to see that the building, which has been operated as a pub for nearly 180 years, will continue to be used and enjoyed by locals and guests alike."