On behalf of Frasers Real Estate acting as recievers, specialist business property adviser, Christie & Co is pleased to announce the sale of The Crown Inn, a pub with letting rooms in the Cotswolds.
Located in the village of Cerney Wick, The Crown Inn is set in the heart of the Cotswolds Water Park, just six miles from Cirencester and nine miles from Swindon, making it an ideal pitstop for locals and visitors alike.
The six-bedroom property features a cosy lounge bar, formal dining area and a small tap room suitable for private parties, with a total capacity of up to 84. To the outside of the property, there is a large patio that can seat up to 50, perfect for al fresco dining in the warmer months.
The business has been purchased by a local villager, whose intentions are to restore the pub to its former glory and to make it part of the village community again.
Planning permission for the construction of two four-bed detached dwellings was granted in 2020, providing various exciting hospitality or residential opportunities for the new owners.
Nicholas Calfe, Hospitality Director at Christie & Co who handled the sale, said: “ The location of the Crown (on the edge of the affluent Cotswold Water Park) was a big draw, attracting interest far and wide, especially amongst local buyers who were aware of the potential it offers and the opportunity to develop land to the rear.
“Christie & Co received multiple offers for best and final offers, eventually selling to a cash buyer who exchanged and completed the transaction within 6 weeks at an undisclosed price.”
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