The Old Mill hotel and restaurant in the market town of Shipton-on-Stour is a first-time purchase for its new owner, Jean Adshead from Banbury in Oxfordshire.
The property, which sits alongside the River Stour on the edge of the Cotswolds in Warwickshire, is a converted flour mill that was built in the 18th century on the site of an older mill listed in the Domesday Book.
The Old Mill has five en-suite bedrooms, a 100-seat restaurant, and a lounge bar, along with a two-acre island garden flanked by the river to the west and a stream to the east.
It's the third time this century that Christie + Co has sold the property, which has had a varied career.
It was bought in 2001 by Chavignol, which won a Michelin star for the restaurant. From 2002, Robert and Christine Lee developed the business as a wedding and conference venue serving Chinese-style food.
The Birmingham office of Christie + Co sold the freehold off a guide price of £850,000.
By Angela Frewin