The beautiful Cambridgeshire inn has been owned and run by John and Julia Hoskins since 1994 and offers 24 boutique bedrooms.
Philip Turner, founder and managing director of Chestnut, said: “It’s a real honour to be buying the Old Bridge, a place with a strong reputation that has set standards for hospitality over the last five decades.
“Thanks to the hard work, love and attention John and Julia have put into The Old Bridge we don’t plan on changing a winning formula. The team and the ambience of the building already have a strong ‘Chestnut’ feel, so we know our values and approach are consistent. As always, over time we will bring in new investment, ideas and energy to grow the business in line with our Chestnut ambitions, in the meantime the obvious passion and expertise of The Old Bridge team will ensure a seamless transition.”
John said: “I cannot imagine an organisation better suited to maintain the spirit and success of The Old Bridge than Chestnut. Meeting Philip and his team has reassured me that they are the right people to whom we should pass on this much-loved institution, which we have been privileged to run for so long. The future looks very bright for both our team and our guests!”
Chestnut Group now has 16 properties with 224 bedrooms. They include the Packhorse Inn in Moulton near Newmarket; the Rupert Brooke in Grantchester; and the Westleton Crown in Westleton.