New owner, Select Country Inns, moved to acquire The Cartwheel Inn due to its location, as it ideally fit their current portfolio of pubs. Following a refurbishment programme, Mr Currie, Chairman of Select Country Inns, plans to let the pub to an experienced operator, who will reopen the doors trading under the same name and add to The Cartwheel Inn’s historic success.
Brian Currie of Select Country Inns comments, “I am delighted to be adding The Cartwheel Inn to our portfolio as historically it has had a strong reputation and always traded well. I want to thank Richard Wood at Christie & Co for his assistance in facilitating the transaction.”
Richard Wood, Business Agent at Christie & Co’s Winchester office handled the sale and comments, “The Cartwheel Inn attracted multiple bids following a full and comprehensive marketing campaign before being sold to Brian Currie who has a proven track record of both renovating and managing pubs within the local area. It is this local knowledge that will no doubt allow him and his future tenants to make the business a great success.”
The Cartwheel Inn was sold off a freehold guide price of £435,000.