Coaching Inn Group in £5m double acquisition

The Coaching Inn Group has announced a double acquisition as the company continues its £20m expansion programme.

The off-market deal, worth more than £5m, sees the group purchase two North Yorkshire inns – The Golden Fleece in Thirsk and The Feathers in Helmsley, from Homfray Hotels.

The acquisitions brings the Coaching Inn Group – formerly known as Bulldog Hotels – portfolio to ten sites and more than 300 bedrooms.

Kevin Charity, founder and managing director, said: “Awareness of our acquisition plans is enabling us to have a number of off-market meetings in the coaching inns sector. This deal was the result of one of those discussions and fits perfectly with our expansion plans.

“The Golden Fleece is a famous coaching inn, steeped in history, whilst The Feathers is an extremely popular traditional inn in the busy market town of Helmsley, both at the gateway to the beautiful North Yorkshire Moors.”

He added that the group plans to invest in both sites in the new year across their accommodation and food and beverage offering.