New lease for The Harcourt Arms

RNS Number : 2325Z

Barkby Group PLC (The)

17 September 2020

 

17 September 2020

The Barkby Group PLC

("Barkby" or the "Company")

New lease for The Harcourt Arms in Stanton Harcourt

The Barkby Group PLC, the diversified business group, is pleased to announce that Barkby Hospitality has entered into a new six-year leasehold agreement for The Harcourt Arms, in the village of Stanton Harcourt in Oxfordshire. The Harcourt Arms is a 17^th century village pub that holds 2 AA Rosettes and 5 AA Gold Stars.

Following a four-year transformation project, the pub now boasts nine high-quality letting rooms and one master suite. The pub and dining rooms offer both formal and informal hospitality, totalling 125 covers. In addition, the pub also owns The Harcourt Stores, a popular delicatessen and local shop.

The addition of The Harcourt Arms is in line with the Group's strategy to expand its portfolio of top-quality pubs with accommodation to take advantage of the trend away from branded pubs and large hotels and the demand for quality food and local produce. Barkby Pubs' portfolio now consists of seven premises with a total of 67 rooms.

Charles Dickson, Executive Chairman of The Barkby Group Plc, commented:

"We are delighted to add The Harcourt Arms to our growing portfolio. The pub offers visitors the ultimate village pub experience with excellent food and service. It perfectly fits our proposition and we very much welcome them into The Barkby Group."

Enquiries: 

The Barkby Group PLC
Charles Dickson, Executive Chairman Douglas Benzie, Chief Financial Officer
finnCap Ltd (Nomad and Broker)	[phone]
Carl Holmes/Simon Hicks (corporate finance) Tim Redfern/Richard Chambers (ECM)
Camarco (Financial PR)	[phone]
Jennifer Renwick/Jake Thomas

Notes to editors

The Barkby Group PLC is a diversified group of high growth, high quality businesses run by an entrepreneurial and experienced management team. The existing wholly owned businesses within Barkby include; Commercial Property Development, Barkby Hospitality (comprising Barkby Pubs and Workshop Coffee) and Centurian Automotive.

In addition to these businesses, Barkby Life Sciences has invested in VivoPlex, a digital health company aiming to transform fertility treatment with precision medicine, and it has signed an agreement with Cambridge Sound Technologies UK Ltd for the exclusive design of, and acquisition of the intellectual property rights related to, a device to improve and facilitate natural sleep

Barkby's strategy is to accelerate and maximise opportunities within its existing businesses as well as continue to source and invest in cash generative, growth businesses with the ability to disrupt.

 

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