Press Releases
17th Century country inn in rural Somerset changes hands
The Full Moon at Rudge, a country freehouse with restaurant and accommodation set within beautiful countryside near Frome on the Somerset/Wiltshire border, has been sold to first time business buyers for an undisclosed freehold sum.
The sale was handled by the Bristol office of leading licensed property agents, Christie + Co, while their associate company, the independent mortgage broker Christie Finance, secured the funding package.
This enchanting, 17th Century inn is located in the small Somerset hamlet of Rudge, just 10 miles from the Georgian City of Bath and four miles from Longleat Safari Park. The surrounding countryside has a number of wonderful walks, fishing, shooting, horse riding and golf and a wealth of places of interest to visit. Attracting local, tourist and commercial trade, the award-winning Full Moon has earned itself reputation for fine food, good hospitality and accommodation.
The property comprises 16 letting en suite rooms, the barn-style development of four self-catering cottages, a main bar, restaurant, tap room and function room as well as manager’s flat and staff accommodation. The business has a tranquil setting with far reaching country views and is set in nearly two acres with trade gardens and car park.
Nicholas Calfe, director of Christie + Co, comments: “Our client, Mervyn Parrish, purchased The Full Moon through us in 2004 and has successfully developed it from a traditional village pub into a thriving accommodation-led business. A hotelier by profession, Mr Parrish will stay on to help the new owners, who are fairly new to the trade, on a consultancy basis for the first few months. In the future he envisages taking on more consultancy work. The sale to first time business buyers represents the strong demand for high calibre, substantial and profitable freehold inns from private individuals, not just corporate and multiple operators.”
The new owners of the Full Moon are Christopher and Anne Taylor
from Tonbridge in Kent; Chris’s background is in IT and
Anne’s background is in IT and teaching.
Evan Morgan of Christie Finance comments: “Chris and Anne are
relishing this opportunity and are fulfilling a major ambition to
run their own business. We were delighted to assist the
Taylors with this purchase and secured an extremely competitive
funding package. We worked closely with Christie + Co to
progress this deal as smoothly and quickly as possible.”
For further information please contact Evan Morgan of Christie Finance or Nicholas Calfe of Christie + Co in the Bristol office on Tel: 0117 946 8500.
Our Ref: CFBri1001
