RedCat acquires two Berkeley Inns sites

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Property deal: two Berkeley Inns sites have been acquired by RedCat Pub Company (image: Getty/Cecilie_Arcurs)

The investment vehicle founded and chaired by former Greene King boss Rooney Anand, RedCat Pub Company has bought two pubs from Berkeley Inns.

One of the pubs – the Meynell Ingram Arms in Burton-on-Trent in Staffordshire was reopened by Berkeley Inns three years ago.

The pub was previously closed for more than five years and has since undergone a refurbishment.

The other site – the Cock Inn, Mugginton in Derbyshire – reopened in 2016 after being extended and renovated.

RedCat announced earlier this month (July), it’s subsidary The Coaching Inn Group had acquired the Forest Park Country Hotel and Inn on the edge of Brockenhurst, Hampshire.

Previous purchases

Prior to this, it bought two venues in Norfolk – the Pheasant Hotel in Kelling and Blakeney Manor, adjacent to Blakeney Quay.

On the announcement, Berkeley Inns managing director Howard Thacker said: “We acquired the Meynell and Cock Inn when both had been closed for five and 10 years respectively and following much renovation and extension, gave them new life.

“Both are fantastic and bustling pubs serving their local communities and visitors from afar. So, of course, we’re very sad to see them leave the Berkeley Inns family but are confident RedCat will do a fabulous job continuing or surpassing their current success.

“Berkeley Inns will now seek new acquisitions in the Midlands and London area and continue to grow the business.”

Since its inception in 2021, RedCat has grown quickly with the acquisition of more than 100 pubs and pub hotels, equating to over 1,200 rooms.

Company history

The company’s first big purchase was a 42-pub package from Stonegate Pub Company, followed by a number of single sites, before it acquired The Coaching Inn Group in August last year for a rumoured £50m.

RedCat Pub Company executive chairman Rooney Anand said: “RedCat continues to go from strength to strength and I’m pleased we’ve added the Meynell Ingram Arms and the Cock Inn to our growing portfolio.

“The team is continuing to source high-calibre sites in excellent locations as we build out our estate of leading pubs and pub hotels.”

The sale was brokered by Neil Morgan of Christie & Co, acting on behalf of RedCat.