ONE of Burford's best known hostelries has come on the market with a £1.25m price tag.

The Grade II Highway Inn, which lies on the town's main High Street and near the River Windrush, includes a three-bedroom owners’ flat as well as ten letting rooms.

Hotels director Peter Brunt of Colliers International, who has previously sold Burford House as well as Burford Lodge, sold the Highway Inn to its current owners three years ago. He said: “They have brought the Highway to its present peak, but are finding it difficult to devote their full attention to the business while looking after their toddler.

“We are running out of superlatives to describe pubs and hotels in this Cotswold honeypot, which is lined with antique shops and stone cottages and is a magnet for tourists from all over the world. With brisk trading all year round, Burford is a failsafe location. The A40 skirts the southern edge and offers a direct route into the heart of the Cotswolds and it is close to Bourton-on-the-Water, Chipping Campden and Stow-on-the-Wold.”

The Highway Inn generated £151,000 adjusted profit on £569,000 net sales for the year ending September 2016.

Mr Brunt added: "The Highway Inn offers new owners the opportunity to live in one of the most beautiful parts of the UK and to take forward a flourishing business with an unusually high footfall. The superb facilities and excellent location really do speak for themselves. In addition to fine accommodation, the bar and restaurant area overlooks the High Street and can seat between 30 and 40 people. There is also a private dining room which can seat a further 25. The courtyard and High Street picnic tables and accommodate a further 40 people in good weather. The current owners have added a function bar and there is potential to develop the business further.”