Cirrus Inns, the investment vehicle co-founded by Alex Langlands Pearse and former Gordon Ramsay Holdings executive chef Mark Askew, has acquired former Marco Pierre White pub the Yew Tree.
The pub, in Highclere near Newbury, has been on the market since the start of this year, following a legal dispute between Pierre White and his former business partners, the owners Andrew Parton and Peter Featherman.
Property agents David Coffer Lyons was marketing the freehold property for offers in excess of £1.65m.
Paul Tallentyre, director of pubs at Davis Coffer Lyons, said: "This is a excellent addition to Cirrus's portfolio, and they have some great plans to modernise the premises. It is very pleasing to see that large freehold pubs in areas outside of London are still very much sought-after despite the current market conditions."
By Neil Gerrard
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