In an Instagram message posted over the weekend the chef wrote: "The final ‘family’ last breakfast supper. Thank you to all our staff and customers from the last 18yrs. It’s been emotional. Onwards & upwards."
The much-loved restaurant was opened by Terry and his wife Joanna in 2005 when they took on the pub that was previously known as the Horse and Jockey.
It has since won numerous awards including being named Gastropub of the Year at the National Restaurant Awards in 2010 and was ranked at number 31 on the Estrella Damm Top 50 Gastropubs list.
The restaurant was known for its classic, hearty cooking using local and seasonal produce serving dishes that included breadcrumbed belly pork and black pudding; Isle of Wight tomatoes and courgette panzanella with chilli, garlic and anchovy; Wye Valley asparagus with sauce gribiche; and duck hash, poached duck egg, duck heart, radish and orange.
“A menu should give you a good indication to what the particular establishment you are in or thinking of visiting is trying to be and achieve, from content to wording to design.
"It is my shop window, it echoes my philosophy of food and is my culinary mission statement” the restaurant said of its menu.
Earlier this year it was revealed that Terry had been victim to a fraud that cost him £150,000.