Bespoke Hotels completes sale of Dorking hotel
Bespoke Hotels has completed the sale of the White Horse Hotel in Dorking to the Heartwood Collection for an undisclosed sum.
The group acquired the historic hotel in 2017 before completing a £4m refurbishment and launching the White Horse Hotel and Dozen Restaurant in 2018.
The Heartwood Church has plans to relaunch the hotel as part of its portfolio in 2024.
Bespoke Hotels was advised by Savills on the transaction.
Haydn Fentum, Bespoke chair, said: “The plans for the future are very exciting and will leave the town with an outstanding hotel and restaurant. It is our intention to acquire further hotels in the UK and we will be recycling the proceeds into future growth.”
Harriet Fuller, associate director in the Hotel Capital Markets Team at Savills, on behalf of Bespoke Hotels, said: “We are delighted to have secured the sale of the White Horse Hotel for our client, Bespoke Hotels. The completion of this sale evidences the continued appetite in the market for well located, well capitalised assets.”