Prominent Cotswolds inn in the heart of Laurie Lee country

A prominent Cotswolds roadside inn in the heart of Laurie Lee country has been placed on the market with sector specialist Colliers International.

Believed to have been named after a former turnpike keeper, Grade II listed Foston’s Ash Inn is located on the B4070 Calf Way, midway between Cheltenham, Gloucester, Cirencester and Stroud.

Peter Brunt, a director in Colliers International’s Hotels Agency team, said the Cotswold stone inn is ideally situated, and attractive both inside and out.

“Although it occupies a superb country location Foston’s Ash is located at the centre of a good road network – Calf Way is thought to be a Roman route – and attracts custom from a very large surrounding population,” he said.

“This is genuine Laurie Lee country – Slad is just down the road while the hamlet of The Camp is about a mile away. It’s not clear whether Camp refers to the remains of Neolithic burial chambers or whether it was a Civil War military encampment.”

Foston’s Ash is on the market at £450,000 for the freehold, and includes a light and airy bar/restaurant with around 50 covers, a two-bedroom owners’ flat, and a further one-bedroom flat presently bringing in a rental income of £550 per month. There is planning consent to extend the premises if required.

Peter Brunt added that Foston’s Ash is very popular with walkers exploring the Cotswold Commons and Beechwoods National Nature Reserve, and is also used by many customers from the Brockworth area.

“This helped generate net sales of £350,000 under management with clear scope to improve,” he said.

“Our clients, who bought the business in 2006, are active, multiple site operators with a growing business portfolio – and have rather outgrown Foston’s Ash.

“It would be an ideal property for private operators looking for a proper hands-on business.

“While the present management shows modest profits hands-on operation would reduce overheads considerably.”

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Peter Brunt

Director of Hotels Agency

Bristol

Peter is a chartered surveyor who first started dealing with the hotel and pub market in 1988.  He joined Robert Barry & Co in 1995 and after many years as a valuation professional has now been selling hotels and pubs for around 18 years. He is the director in charge of our operations in the south west. This covers the south and south west of England the Cotswolds, Hereford, Worcestershire, parts of Shropshire, south and mid Wales as well as more major instructions in the south west region generally. 

If you used to deal with former colleagues, Jon Wren, Alastair Murchie, James Richards, Chris Kent, Simon Wells or Mervyn Cully please feel free to contact Peter.

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