Multi-millionaire Michael Birch spoke to the Gazette about his ‘moment of madness’ buying Woolsery Fish and Chips shop - and how much he misses fish and chips in San Fransico.

A multi-millionaire couple who ‘saved’ Woolsery’s derelict pub have had their first successful opening.

Michael and Xochi Birch, who founded social network Bebo and sold it for $850million, bought the Farmers Arms pub and Manor House in October.

Plans to restore the two buildings to their former glory are ‘months away’ from being submitted, but in the meantime, the couple has bought the fish and chip shop, which has re-opened after a refurbishment.

Speaking from his San Francisco home, Mr Birch told the Gazette it wasa moment of madness.’

He said: “It made me feel very English; being American one has to keep clinging onto these things.

“It was a relatively small project compared to the pub, but it is an important part of the village nonetheless.”

Mr Birch said he was looking forward to visiting the chip shop soon, as good fish and chips are hard to come by in Silicon Valley.

Manager Jay Oyarzarbal said the shop made everything in-house, using sustainable fish and local meat.

He added: “We’ve had a really good response so far and we’re happy to be here.”