Impressive and stylish roadhouse, on a now bypassed stretch of the A31, to the east of Farnham. The pub was commissioned and built in 1926 for Courage. The Princess Royal Hotel was built by Gales and acquired by Fuller's as part of their 1999 takeover. The pub was designed by Guy Maxwell Aylwin, who designed many other Farnham buildings including the Bush Hotel. The pub and hotel are now both run as one by Fullers.

The main bar is spacious, with the single room being divided into a number of discreet areas, with different types of seating; sofas, bar stools and dining chairs. There is a large dining room/function room to the rear containing two impressive chandeliers. Pictures of old Farnham are displayed throughout and there are also many pictures of other "Princess Royals" to be seen. They hold a quiz on Monday night and occasional music evenings. There are two outside drinking areas; a sun-trap patio to the front and a more sheltered and secluded grassed garden to the rear. Window boxes and hanging baskets provide an attractive feature in the spring and summer.