A characterful country pub in the heart of the Vale of the Red Horse between Stratford-upon-Avon and Banbury has been placed on the market with global real estate advisor Colliers International.
The Peacock Inn at Oxhill in Warwickshire dates from the 15th-16th century and would have made an ideal billet for troops on their way to nearby Edgehill - the opening battle of the English Civil War.
Nowadays, Oxhill is an affluent and popular village not far from the cross-Cotswolds A429 and the village inn attracts a good mix of food and drink sales amounting to almost £400,000 net last year.
Peter Brunt, a director with Colliers International's hotels team, said the historic inn offered plenty of potential to improve trade.
He said: “On the market with offers in the region of £575,000 for the freehold, the Peacock certainly lives up to its name with a superbly presented interior, huge inglenook fireplace and Cotswold stone walls.
“The public bar is the beating heart of the inn and together with the restaurant has a total of 65 covers. It also has an open fireplace, exposed beams and timbers.
“In addition to public areas there is a grassed beer garden at the rear. There is also an outstanding and spacious first floor flat for the owners with three double bedrooms, living room plus a study or nursery.”
Peter Brunt said the accounts showed clear scope for improvement under new ownership.
“Our clients bought the Peacock in 2015 and are trading well following a refurbishment. But they are finding it difficult to find time to visit their children in Cornwall. This gives new owners an opportunity to come in and take this super business forward.”
Oxhill, which was mentioned in the Domesday Book, is around ten miles from Stratford, 12 from Banbury, 17 from Warwick and 18 from Chipping Norton.
“The Peacock Inn is in a particularly affluent part of the country and the business attracts many visitors to the area as well as commuters and locals.”