Fine and Country Inns is setting its sights on expansion into the hotel sector following its second deal with Star Pubs and Bars to bring a renovated pub to market.
The hospitality group, which currently consists of eight venues across the country, is said to be looking for further growth in Yorkshire and the neighbouring northern counties, both freehold and leasehold, since opening The Masons Arms in Thorpe Hesley after a £430k refurbishment project.
The new venue opened as part of a venture between Fine and Country Inns and Star Pubs & Bars and marked the second pub addition to the partnership.
Now Fine and Country Inns says it has ‘no upper limit to growth’ and is on the hunt for rural, suburban and village pubs with the potential to be developed into destination venues.
The group are also working on a six-bedroom boutique hotel, fine dining restaurant and trendy bistro wine bar, which will help ‘open up opportunities’ in the hotel sector.
Fine and Country Inns chief executive Gary Hunt said: “We have no upper limit or barrier to growth, we are simple considering every opportunity on its merits. Whilst leaseholds have allowed us to expand more quickly, we are now looking for both leasehold and freehold venues, as freeholds will create long-term investment value in the group.”