Traditional coaching inns may have fallen out of fashion, but one pub entrepreneur is stepping up the search for new properties.
The Coaching Inn Group, backed by the Business Growth Fund, has fifteen properties in market towns and is looking for another ten in two or three years.
Kevin Charity, founder and chief executive, said that it cost between £3m and £5m to buy and refurbish pubs. The company has added nine in the past three years, the most recent being the Feathers Hotel, Ledbury, Herefordshire, and the Swan Inn Hotel in Stafford.
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