In December 1859 Matthews transferred his licensed business across the Main North Road from land Section 360 to the premises on land Section 337 that in 1848 he had tried to open as the Blacksmith's Arms Hotel. Trade at the Gepp's Cross Inn on land Section 337 was poor and in April 1861 Charles Matthews was certified insolvent. Matthews defaulted in his mortgage and lease payments to Isaac Gepp who seized the Inn and land on Section 360 and Matthews' premises on Section 337 that had been put up as collateral. Between 13 June 1861 and the first week in October 1861 there was no premises licensed at Gepp's Cross. The Gepp's Cross Hotel licence was reinstated to premises on Section 360 when Patrick Connaughty was granted a publican's licence for the inn who transferred it to George Eldridge in December 1861. The premises known primarily as the Gepp's Cross Inn or Gepps Cross Hotel has been licensed at the site continuously for over 150 years.