The Basset family have sold their hotel, Spot in the Woods, to hotel and pub group, Hillbrooke Hotels.
The 11-bedroom property was sold a year after the death of co-founder and master sommelier Gerard Basset, who died in January 2019 after a two-year battle with oesophagus cancer.
Together with wife Nina, they acquired the business in 2007 following the sale of Hotel du Vin Group, which Gerard had built up with hotelier, Robin Hutson.
They opened the property as TerraVina in the same year, with a focus on wine and then rebranded in 2018 as a more relaxed boutique B&B, Spot in the Woods with the Kitchen Café.
The hotel will now operate as part of the Hillbrooke Hotels portfolio, which includes the Bull & Swan in Burgley, Master Builders in Hampshire and William Cecil in Stamford.
All staff would be retained following the sale.
“Gerard and I worked together for many years and it was his final wish that a suitable buyer could be found to enable the business to flourish after his death,” says Nina.
“I have been fortunate to have enjoyed a rich career in hospitality from my days at Chewton Glen (where Gerard and I first met) to becoming the youngest ever hotel and restaurant inspector before helping to create the phenomenon that was Hotel du Vin,” she said.
“The time was now right to hand over the business to others and I look forward to the end of one era and the start of a new chapter,” she added.
In honour and memory of the late Gerard, The Gerard Basset Travel Scholarship 2020, has been created this year.