The Rectory Hotel at Crudwell and its sister business the Potting Shed have been sold to new owners following an off market deal brokered by Colliers International.
The Rectory is a renowned country house hotel located in three acres of grounds between Tetbury, Malmesbury and Cirencester. It was sold off an asking price of £2m.
Its sister business, the award-winning Potting Shed Pub, is a country dining pub just across the road.
Both properties have been taken over by Roman Road Hospitality, a newly-established business which specialises in offering top English hospitality, food, drink and accommodation in historic buildings.
Music industry executive Alex Payne, who grew up in the area, will return to the Cotswolds to run the businesses.
He said: “This is Roman Road’s first site and sole focus but there are plans for more locations. Bramley Bars helped us on the transfer, operations, rebranding and refurbishment of the Rectory and Potting Shed.
The Rectory Hotel is home to 12 bedrooms with scope to add further rooms.