Pub group Barons Pub Company has acquired two new properties for a combined fee of £2.3m, taking the groups total properties to nine.
The new additions are The Jovial Sailor in Ripley and The Inn at West End, with the latter being a bed and breakfast, the first in its portfolio to have accommodation.
The purchase of the pubs will see the group create 40 new full and part-time jobs, in addition to the existing 24 members of staff.
Funding has also been allocated for the renovation of both pubs, allowing the company to create similar atmospheres to those already within its portfolio. This will include new furnishings and lighting for the restaurant areas and upgrading existing catering equipment for the kitchens.
Clive Price, MD at Barons, said: “We’re proud to deliver great food and drink for people to enjoy with their families and friends.
“Thanks to the support from our HSBC UK relationship manager, Andy Brunning, we’ve been able to bolster our offer and begin our venture into providing overnight accommodation for our customers. We look forward to welcoming our new guests in both locations and getting to know the locals.”