Partner’s role in pub joining group

A popular, top-rated Lincolnshire pub has new owners – but they are not going to change its successful recipe.

A popular, top-rated Lincolnshire pub has new owners – but they are not going to change its successful recipe.

RNS partner Alex Douglas advised Mike and Kirsty Abey before they bought The Black Horse at Blyton near Gainsborough on the deal and its potential.

The acquisition is something of a departure for the couple, owners of the Abey Group, under which the pub will trade.

They established Abey Air Conditioning Ltd in 2006, based on Scunthorpe's South Park Industrial Estate, and it now employs more than 20 staff.

Abey Homes, which invests in property for rental, was then formed by Mike and Kirsty and, he said, they were always looking for a new challenge.

“The Black Horse was known to us as we live in nearby Scotter,” said Mike.

“In terms of an investment, it is something a bit different. Kirsty and I have always wanted to get into the hospitality business.

“The Black Horse is renowned for its decent food but also has a bar area. It's all you expect from a quality, country pub.

“We bought the freehold, so we don't have any ties. It's an independent pub and our real ales are from Bateman's Brewery.

“It has been really busy since we bought it. It was important for us to keep the same staff, including the chefs, so there is continuity.

“We won't be making any radical changes because we don't want to spoil the character of the place. Our plans are to take The Black Horse Inn to the next level.”

They are planning events and growing a quiz night.

“We want to make it the 'go to' place in the village, although it already has its regulars and is busy.

“We'd also like to establish it as a destination pub, where people travel to taste its quality food and beer.

“It's busy now but we feel there is scope for growing it.”

Down the side of the pub, there are six letting rooms and these also have potential, said Mike.

“Once we get it established. We will look for another challenge. It keeps your brain active.”

Mike thanked Alex for the support he receives on a regular basis. He advised on creating the umbrella Abey Group two years ago.

“Alex is there whenever I need him,” he said. “There's always some question I need to run past him and ask whether he thinks it a good idea.”

Alex congratulated the couple on their latest acquisition.

“Hospitality is quite a departure from air conditioning and property but Mike and Kirsty bring their enthusiasm and passion for business to the table,” Alex said.

“For them, the team they employ is key to their success.

“When we looked at The Black Horse, we agreed with Mike and Kirsty's view. It's a sound investment with potential to grow.

“We wish them all the best.”

To book or find out more details about The Black Horse at Blyton, go to its Facebook page.

bas-logo.png xero-bronze-partner.png sage.png

© 2022 RNS Chartered Accountants. All rights reserved.

We use cookies on this website, you can find more information about cookies here.