Cirrus Inns, the investment vehicle launched to back a premium estate of freehold pubs with rooms, has secured a further two sites, as its looks to ramp up its expansion plans over the next two years, M&C has learnt.
The 15-strong company has acquired the Anchor Inn in Lower Froyle, Hampshire from the Miller’s Collection, and the award-winning The Trout at Tadpole Bridge, Oxfordshire.
M&C understands that Cirrus is looking to be more aggressive in terms of its expansion plans as it looks to add a further 20 sites to its estate over the next two years.
Located by the Thames Path, the Trout has six bedrooms and berthing for up to six boats. An AA Pub of the Year, Good Pub Guide Oxfordshire dining pub of the year and voted one of the top 20 gourmet inns by The Observer, The Trout is also listed in Alistair Sawdays Specials Places to Stay, The Good Hotel Guide, The Good Food Guide and the Michelin Guide.
Last year, the company secured the award-winning Crab at Chieveley, Hampshire. It acquired the 14-bedroom hotel and pub from the Heritage Hotel Group.
Cirrus raised a further £15m toward its continued expansion early last year. The group, which is led by Alex Langlands Pearse (Langy), raised the funding via its existing shareholders.
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 35 pubs and has already built up a database of “talented” entrepreneurs to work with.
