Savills list the White Horse Hotel premises in Surry Hills

The landmark Surry Hills building, home to the White Horse Hotel, has been listed for sale.

The property at 381 Crown Street was constructed in the 1930s, around the time a tram ran along the now bustling bar and restaurant street.

In 2004 the building underwent a refurbishment which saw a sculpture crafted by Scottish sculptor Andy Scott of a galvanised steel silver stallion lifted on to the roof.

The sculpture was made in Scotland, cut into pieces, shipped to Australia and then reconstructed on the roof, which once caved in in the 1990s after a strong hailstorm.

A new bar and brasserie was installed.

Precision Group then paid $7.5 million for the building in 2005.

Precision Group updated the whole building in 2014, calling on designer Matt Woods who commissioned local artists such as Ben Morris to decorate the walls in the downstairs section with murals around the theme "café racer-inspired" bar.

The three storey building has a rental income of $505,039 per annum under a seven year investment grade lease.

Savills agent Tony Bargwanna is running an expressions of interest campaign closing September 25.

The property comprises a main bar and kitchen at ground level, bar with open deck and bar and lounge/function room on the first floor and offices and storeroom on the second floor.