Burford House - one of the Cotswolds' most historic small hotels - has been sold by Ian Hawkins for £725,000.
Hawkins owned the eight-bedroom property, which achieved five gold stars under the AA's guest accommodation scheme, for eight years, during which he restored and refurbished the 17th century building. The hotel overlooks the High Street in Burford, Oxfordshire.
The new owners are Stephen and Karen Nolan, who have run wine bars in the north west of England for more than 25 years and recently sold the Tea Rooms in Birkdale. They plan to add a tea room to their new Cotswolds' property.
Karen Nolan said: "We had planned to move south and buy a nice quiet cottage. But we were bowled over by Burford and recognised there was a good business to be made here."
Peter Brunt from Colliers International, who brokered the deal, said that Burford, which is regarded as the southern gateway to the Cotswolds, benefitted from having direct road links to central London.
"Burford makes the perfect short break for people looking to get away from London using the M40 and A40, which guarantees high visitor numbers throughout the year," he said.
Ian Hawkins is now semi-retiring.
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