The Pheasant Inn will continue trading before its upcoming redevelopment, and the group hope to bring the 17th Century site in line with its “multi-award-winning eat, drink, sleep and explore brand”.
News of the acquisition follows the group’s debut of The Ambleside Inn, whilst construction on 40-room Sunderland site, The Seaburn Inn, is expected to begin later this month. The group hopes to double its portfolio of freehold pubs with rooms by 2022.
Managing director Sean Donkin said: “We are delighted to be starting 2020 with the announcement of this landmark addition to our growing portfolio.
“We search long and hard for sites that have that extra special quality when it comes to location and offering for our customer base. The Pheasant delivers on every level in terms of address, character and potential.”
He added: “We specialise in repurposing and enhancing historic buildings which are desperately in need of capital expenditure like this. We will be investing significant capital expenditure into this extraordinary venue as we broaden our customer base and long-term presence across the North of England.”
The addition of the Pheasant Inn will bring the group’s portfolio to 12 inns across Northumberland, County Durham, Yorkshire, and Cumbria.