The Guildford Hotel has poured its first beer in eight years with the iconic venue reopening on Thursday after fire destroyed the heritage-listed building in 2008.

On Wednesday, Premier Colin Barnett cut the ribbon to the 1886-built hotel, marking the end of a long and drawn-out restoration process.

The hotel had previously stood derelict for years after fire caused an estimated $1.5 million damage.

Restoration works commenced in 2014 after the WA Heritage Council gave approval for partial re-roofing of the historic pub and the state government chipped in $100,000 for its construction.