The 17th century pub has been a staple part of the racing community for decades, but closed suddenly earlier this summer following the departure of licensee Hugh Kelly, according to Racing Post.
It was taken over by The Lucky Onion group, which is owned by Superdry co-founder Julian Dunkerton and his wife Jade, earlier this month.
The opening will be the first in a series of developments for The Lucky Onion, which says it plans to develop multiple historic buildings in the area.
“It is our ongoing commitment to restore historic buildings in the Cotswolds and Cheltenham,” says Julian.
“Racing is the heart of the local community as is The Hollow Bottom, we have gone above and beyond to ensure that locals and visitors are able to continue to celebrate both.”
The new menu at The Hollow Bottom will be overseen by the group’s executive chef Ronnie Bonetti and feature ‘classic pub dishes’ including ‘traditional’ British roasts with Yorkshire puddings and all the trimmings.
The Lucky Onion currently operates a collection of five boutique hotels and country pubs in the Cotswolds including The Wheatsheaf Inn, The Tavern and The Wild Duck.