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Hook Norton pub and campsite set for £175,000 auction

Summarised from 3 outlets · Updated 5 Nov, 21:16 · Archive

The Gate Hangs High in Hook Norton has been listed for auction by receivers with a guide price of £175,000.

The Gate Hangs High in Hook Norton, near Banbury, has been listed for auction by Joint Fixed Charge Receivers through SW Property Auctions. The online sale has registration now open, with bidding set to take place on 26 November. The guide price is £175,000.

The sale includes the fully detached public house, car park and 3.43 acres of adjoining land, part of which is used as a campsite. The building is believed to have been constructed as a beer house and farm in the 1830s and was previously owned by The Hook Norton Brewery.

The Matthews family acquired the pub in October 2023. At that time, they stated they were 'committed to preserving its rich heritage' and aimed to improve it with a children's play area, campsite and new kitchen. The pub is believed to trade under a company called Marshall 68 Limited, with Nigel and Nathan Matthews listed as directors.

Joint Fixed Charge Receivers are appointed to manage assets when a borrower defaults on a fixed charge or mortgage. Their involvement in listing the property for auction suggests the current owners may have defaulted on a loan secured against it.

However, a spokesperson for The Gate Hangs High, who declined to give their name, denied the pub is being sold. They stated: 'The pub is not for sale. The auction is not going ahead. The business is not insolvent.' The owners declined to elaborate further on the discrepancy between their statement and the official auction listing.

Hook Norton pub and campsite set for £175,000 auction
Image: Oxford Mail

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How it is being reported

In this story: The Gate Hangs High · Hook Norton · Matthews family · The Hook Norton Brewery · Banbury · SW Property Auctions · Joint Fixed Charge Receivers · Marshall 68 Limited

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem · Corrections log