North East pub group toasts expansion with latest acquisition

A North East pub group has announced that it has acquired its thirteenth venue as it continues its plan to double its estate.

The Inn Collection Group has purchased Cumbrian coaching inn, The Swan in Grasmere.

The deal brings the group’s portfolio to 13, following the northern pubco’s purchase of The Black Swan in Helmsley earlier this year.

The acquisitions are part of the group’s target to double its estate of freehold pubs within the next two years.

The company’s portfolio includes sites in Northumberland, County Durham, Sunderland and Yorkshire.

The historic 38-bedroom pub, which is in the Lake District, will undergo a ‘major’ site redevelopment as part of its acquisition into the group.

The Inn Collection Group’s managing director, Sean Donkin, said: “We are absolutely thrilled to have added this superb venue to our collection.

We’re looking forward to investing significant capital into realising the full potential of this phenomenal site for the community of Grasmere and visitors to the Lake District alike to eat, drink, sleep and explore from.

“We have a proven track record in repurposing and enhancing historic inns and we’re looking forward to turning our attention to The Swan as we continue to widen our customer base, group presence and visibility across the north of England.”

The Swan is The Inn Collection Group’s fourth site in The Lake District.