The village, known for its long green stretches of lanes between scattered houses, is set in downlands just five miles south of Basingstoke.
The real-ale pub - which draws its trade from surrounding villages and the city of Winchester as well as country sports enthusiasts, walkers and cyclists - makes 60% of its turnover from food sales.
It can seat around 60 customers across the snug, the bar with an elevated eating area, and the main restaurant while the terraced trade garden contains another 64 seats.
Other facilities include two-bedroom owners' accommodation and two car parks.
The Winchester office of Christie + Co sold the freehold off a guide price of £525,000 on behalf of father-and-son team Peter and Adrian Dingee.
By Angela Frewin