Cirrus Inns, the investment vehicle launched to back a premium estate of freehold pubs with rooms, has reached halfway in its goal of operating 30 sites, after securing the award-winning Crab at Chieveley, Hampshire, M&C Report understands.

The group, which is on track to have 20 sites by the end of financial year next June, has acquired the 14-bedroom hotel and pub from the Heritage Hotel Group.

Cirrus, which earlier this year raised a further £15m toward its continued expansion, recently also secured the Seagrave Arms in Weston Subedge, in the Cotswolds.

The group, which is led by Alex Langlands Pearse (Langy), raised the funding via its existing shareholders.

M&C Report understands that Cirrus is currently in talks on a number of further openings.

The group, which operates sites including the iconic The Punchbowl in London’s Mayfair and the Yew Tree Inn in Berkshire, had spent the previous 12 months strengthening its operations team and enchancing the offer across its estate as it gears up for further expansion.

Other pubs under the Cirrus umbrella include the Dundas Arms near Newbury; the Old House in Copthorne, West Sussex; the Museum in Blandford, Dorset; and the Archangel in Frome, Somerset.

It is thought that the group is aiming to eventually invest in up to 30 pubs, has already built up a database of “talented” entrepreneurs who wish to operate one of its investment sites.

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