The freehold of Hertford House Hotel and The Quiet Man public house in Hertford have been acquired by Tewinbury for more than the guide price of £2.2m.
Hertford House Hotel comprises two interconnected converted Georgian townhouses providing 28 en-suite bedrooms, a restaurant and a bar.
The adjoining Quiet Man Public House at 2-4 Parliament Square features an open-plan trading area with capacity for around 40 covers, with extensive external seating to the front and rear.
The property was brought to market following the administration of the previous operating company, with FRP Advisory appointed as the adviser. All staff roles have been safeguarded with employees now joining Tewinbury.
In a statement, the Williams family, which have owned the Tewinbury riverside farm and hotel since 1931, said: “Our family grew up in and around Hertford and has fond memories of spending time at Hertford House. The property is stunning and has so much potential, so to now bring it into the Tewinbury family feels incredibly special. Our vision is to bring the farm to Hertford, offering delicious, seasonal food made with local produce from our land. We want people to see where their food comes from and enjoy everything that nature can nurture.
“Just as importantly, we are committed to keeping the pub a truly independent pub, a place that remains as special as it is today, with a strong community focus at its core. Hertford deserves a pub that locals can call their own and one that visitors to Tewinbury will love too. Our aim is to make the whole site into something the town can be proud of. We are also pleased to have been able to protect the existing team in the sale and to welcome them into the Tewinbury fold.”
Elysia Wilson-Gunn, divisional director at Fleurets, which acted on the sale, added: “We are very pleased to have completed the sale of this prominent freehold asset, which generated strong interest from the market resulting in a competitive best bids process. With Tewinbury’s experience and passion, I look forward to seeing what the future holds for these venues under their new ownership.”
