Historic Yorkshire coaching inn with spa The Crown Hotel in Boroughbridge is bought by RedCat Pub Company

RedCat Pub Company, an investment vehicle founded and chaired by entrepreneur Rooney Anand to invest in the UK pub sector, has acquired The Crown Hotel in Boroughbridge, North Yorkshire, bringing RedCat’s total estate to 1,000 hotel rooms.

The hotel will be operated by RedCat’s subsidiary, The Coaching Inn Group, which was acquired last August.

The Coaching Inn Group will now operate 24 historic coaching inns in market towns across the UK, in areas including the Cotswolds, Peak District, Leicestershire, Staffordshire, and Cambridgeshire. Since acquiring the Group, RedCat has supported Coaching Inn Group’s rapid expansion through the acquisition of six additional sites.

A spokesman said: "The Crown Hotel consists of 37 bedrooms and is perfectly situated between London and Edinburgh. It also benefits from a leisure centre with an indoor swimming pool, sauna, gym, fitness suite and sun shower."

"RedCat’s strategy is to acquire quality inns, managed and tenanted pubs across the UK. It aims to provide the operational expertise and capital investment pubs need to get back on their feet and accelerate their growth, as the sector recovers from the pandemic. The company’s approach is highly flexible, allowing it to acquire single pub assets, all the way through to larger-scale businesses and pub companies."

Julian Troup, Head of UK Hotels Agency at Colliers brokered the confidential sale agreement, acting on behalf of the owners.

Kevin Charity, Chief Executive of The Coaching Inn Group, said: “We’re pleased to have added The Crown Hotel to our high quality and fast-growing estate. I’m delighted with how The Coaching Inn Group is accelerating its growth with RedCat’s support. We’re actively looking for new opportunities to expand our estate of historic coaching inns even further.”

Rooney Anand, Executive Chairman, RedCat Pub Company, commented: “Kevin and The Coaching Inn Group team are a class act and have a strong track record of identifying and running top quality pub hotels. RedCat are delighted to be able to support the business and its continued expansion.”