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Addingham landlady celebrates after being able to buy her pub
10:00am Friday 3rd January 2014 in News
A long-serving landlady has purchased the freehold of a historic pub in the centre of Addingham.
Maria Wells, who has been running The Crown Inn, on Main Street, for ten years, has achieved her long-term goal of purchasing the freehold of the 17th Century coaching inn from a pub company, with the help of a six-figure loan from NatWest.
The loan was part of the Government’s Funding for Lending programme.
The funding has enabled her to refurbish the pub area as well as refresh and extend The Crown Inn’s bed and breakfast facilities.
She said: “Investing in buying the freehold was a no-brainer for me as the mortgage is more affordable than my rent was previously.
“This really gives me the independence I need to ensure I can run the pub on my terms, and keep it very traditional and very local, as this is what my customers want.”