Cubitt House, the London-based gastro-pub operator, is set to open its fifth site in December, after securing The Coach Makers Arms on Marylebone Lane.

The group, which is backed by a consortium of private investors, led by Manjit Dale, founding partner of TDR Capital, and chaired by Vanessa Hall, the former chief executive of YO! Sushi, is understood to have secured the ex-Large Bars-owned site from Stonegate Pub Company.

Stonegate, which is backed by TDR, acquired the three-strong Large Bars business earlier this spring.

This newly acquired three-storey public house will reopen in December and will feature a large ground floor bar, an elegant first floor dining room and an underground cocktail bar.

The pub, which originally opened its doors 140 years ago, will serve the group’s largest selection of lagers, ales and craft beer both on tap and in bottles, with a regularly changing guest beer on tap.

At the end of 2015, Cubitt House secured new investment from the consortium of private investors, which acquired a majority stake in the business and provided funding to facilitate future expansion.

Cubitt House currently operates the Thomas Cubitt, Elizabeth Street, Belgravia; the Alfred Tennyson, Motcomb Street, Belgravia; the Orange, Pimlico Road, Belgravia; and the Grazing Goat, New Quebec Street, Marylebone.