Mogford Limited has sold its two Quod restaurants outside Oxford after directors Jeremy Mogford and Gary Strivens decided to go their separate ways.
The sites in Brighton and London have been sold separately for undisclosed sums.
Strivens has decided to open a gastropub called the Red Lion in Yarnton, just outside Oxford, while Mogford wants to focus on his businesses in the town, which include the Old Parsonage hotel, the Old Bank hotel and Gee's restaurant.
Mogford and Strivens worked together previously as directors of Brown's Restaurants, which they sold to Bass in 1997 for £35m.
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