Brakspear chief executive Tom Davies has told MCA the group is targeting 20 managed sites by 2020 and has developed its first rollout vehicle.

Brakspear currently has nine managed houses within its 130-strong pub estate, and has two sites in the pipeline for this year - the Frogmill Inn, near Cheltenham, which will become a 30-bedroom inn and the Dog & Duck in Wokingham, which is set to transfer from the tenanted estate.

The latter is likely to take on the format of The Retreat in Staines, which opened at the end of last year. Davies said he was considering whether the name would also transfer across.

He told MCA the company had the ambition and the funds to grow and would look at suitable group deals. He said that while the recent focus had been on the managed estate, the group was also keen to add to its tenanted estate if the right sites became available. He said a churn of a small number of unviable sites would continue.

On the Retreat he said: “I suppose you could call it a brand but it’s certainly a model that we think could work in lots of different places. It has a pizza offer in Staines but that isn’t integral to the format. As we get bigger it puts us in a good place to have a rollout vehicle.”

The Retreat was the third redevelopment within Brakspear’s managed division last year following the George Townhouse in Shipston-on-Stour and the Sheep on Sheep Street in Stow-on-the-Wold.

Brakspear’s first managed pub, the Bull on Bell Street in Henley-on-Thames, opened in March 2013. In addition to the George Hotel and Sheep on Sheep Street, it has two further sites in the Cotswolds: the Porch House in Stow-on-the-Wold and the Townhouse in Stratford on Avon. Its other managed pubs are: the Chequers in Marlow, Running Horses in Mickleham, Surrrey and Pocket Watch in Shepherds Bush.