Coach House Inns has acquired its fourth pub, The Longs Arms in Steeple Ashton, Wiltshire.
The Abergavenny-based group bought the 17th century pub with support from a six-figure finance package from the bank.
The pub, which also includes a restaurant and adjoining residential cottage, is Coach House Inns’ first acquisition this year, and forms part of its ambitious acquisition strategy.
In the medium-term, the group plans to enhance the pub’s accommodation and add an extension to increase restaurant capacity and house a new kitchen.
Coach House Inns founder Harry Lewis said: “The Longs Arms is an integral part of the local community and I’m delighted to have acquired the business with the support of HSBC, which continues to back our growing portfolio of gastro pubs.
“I look forward to working with Caroline, who will continue to manage this outstanding local pub. We’re absolutely committed to bottling up and maintaining the pub’s charm and atmosphere for those who know it best.”
Warren Lewis, HSBC’s head of corporate banking in South Wales, said: “We’ve been supporting Harry over the last two years with his strategic acquisition plans, which have seen his portfolio of brilliant pubs grow to four in just a few years.
“It’s great to have agreed this new facility, led by our relationship director Mike Kear, which will give Harry the chance to put his stamp on this historic building while retaining its tradition and unique style.”
