The Inn Collection Group has bolstered its pub with rooms’ portfolio with the acquisition of The Black Swan in Helmsley.
The deal brings the group’s portfolio to 13, following the northern pub company’s purchase of The Pheasant in Bassenthwaiter Lake, Cumbria, earlier this month.
The group remains on target to double its estate of freehold pubs within the next two years.
The 45-bedroom The Black Swan was previously owned by the same company in charge of The Feversham Arms Hotel.
Now under its new ownership, The Black Swan will continue trading before the Inn Collection Group begins a major redevelopment of the site, which will then reopen under its ‘eat, drink, sleep and explore’ brand.
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 Helmsley.
“We have a proven track record in repurposing and enhancing historic inns and we’re looking forward to turning our attention to The Black Swan as we continue to widen our customer base, group presence and visibility across the north of England.”
The Black Swan is The Inn Collection Group’s second Yorkshire site.
The group operates freehold pub with rooms, The King’s Head Inn in Newton under Roseberry.
Elsewhere, the group’s portfolio includes sites in Northumberland, County Durham, Sunderland and The Lake District.
The Alchemy-backed The Inn Collection Group – which is supported through banking by OakNorth – will continue to roll out its strategic buy and build expansion across the north of England.