Cotswolds hospitality veterans Peter Golding and Assumpta Monaghan are on the trail of another new business venture following the sale of the Chandlers Arms in Epwell, near Banbury.
The charming Grade II listed village pub on the North Oxfordshire and Warwickshire border has been sold to a private buyer following a deal brokered by hotels specialist Colliers International. It had been on the market for £350,000 plus VAT.
The sale of the Chandlers Arms – which has spacious owners’ accommodation plus a two-storey extension, a bar with seating for around 12, and a dining room normally laid for another 12 – marks a personal hat-trick for hotels Director Peter Brunt, who also over a period of time also sold Peter and Assumpta’s previous ventures the Horse and Groom at Upper Oddington, and the Chequers in Churchill.
Peter Golding said: “Peter has the knack of bringing just the right people to look, and we were delighted he was able to find buyers for us for the third time!
“While we have thoroughly enjoyed our renovation projects the time has come to take things a bit easier and we’re now hoping Peter might help us find a nice coffee shop or Bed & Breakfast either here in the Cotswolds or another premier location such as the Lake District, Devon or Cornwall.”
Peter Brunt said: “Peter and Assumpta are well known for their characterful Cotswolds pubs and the Chandlers Arms is no exception.
“Situated just a short drive away from Banbury and Chipping Norton, it is a beautiful, traditional English pub in the gateway to the Cotswolds and simply oozes charm.
“With its mellow stone walls and attractive mullioned windows, it really is exceptionally well located and is just right for easy operation by a couple – with two rooms where a roaring wood burning stove set in the wall warms the occupants during chilly weather.”
He added that Epwell is a wealthy and attractive village between Banbury and Shipston-on-Stour, and that the pub draws many visitors as well as local custom.
“The Chandlers Arms will provide a strong business going forward in one of the best performing regions of the UK,” he said.