3 days ago
Popular 19th century pub with rave reviews is sold to new landlord
A popular pub which dates back to the 19th century has officially been sold.
The John O'Gaunt, which is based along Bridge Street in Hungerford, had been owned by landlord Mark Genders, but he opted to sell the boozer after he decided to relocate back to Kenya, the country of his birth.
The pub is now under the stewardship of entrepreneur Rahul Sood, who arrives in Berkshire with a wealth of experience from his portfolio of businesses, which includes care homes, florists, and restaurants.
Specialist business property adviser, Christie & Co, conducted the sale.
Following the change of hands, Mr Genders said: 'The John O'Gaunt has been a huge part of our lives, and we're proud of what we've built here.
'We're delighted to be passing it on to someone who shares our passion for hospitality and community.'
The new man at the helm, Mr Sood, added: 'We'll be carrying out a light refurbishment, refreshing the food and drink offering, and making sure the pub continues to be a vibrant part of the local community.'
On Google, the pub boasts an average score of 4.5/5 from 611 reviews.
Tim Widdows, Associate Director at Christie & Co, who handled the sale, added, 'We received a great deal of interest in the John O'Gaunt, with buyers recognising the fantastic potential of the business.
'It's a pleasure to have helped bring together a deal that ensures the pub's future is in safe hands.'
The John O'Gaunt leasehold was sold for an undisclosed sum.
