The Inn Collection Group has bolstered its pubs with rooms portfolio with the purchase of Cumbrian coaching inn, the Swan in Grasmere. The Swan, which was purchased for an undisclosed sum, will continue trading before the group embarks on a major redevelopment of the site and will reopen under its ‘eat, drink, sleep and explore' pubs with rooms brand.
The purchase of the historic 38-bedroom operation strengthens and expands the North-East based group's portfolio to 14, having purchased the Black Swan in Helmsley, North Yorkshire, earlier this year.
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."
The group's Ambleside Inn was recently re-opened following major refurbishment and the Coniston Inn is set to re-open at the end of April. The group also has sites in Northumberland, County Durham, Sunderland and Yorkshire and will continue to roll out its strategic buy and build expansion across the north of England.