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2701 was then purchased by the landlord of the Plough Inn, a few miles away at Swineshead. Following a difficult road transfer involving a lorry and two cranes it was to be converted to a dining room, but the project failed to gain planning permission. Despite an attempt to preserve it in Norfolk, 2701 was moved to another pub at Stoneyford Lodge in Derbyshire, also with the intention of use as a dining room, but this time the adjacent open cast mine was extended over its intended site.
2701 was purchased in 1994 by [[The LNER (SVR) Coach Fund]] from Stoneyford Lodge, with a view to restoration. The move to the SVR was achieved by Alleleys with the aid of a lorry, two cranes and some difficulty. In 2001 the Heritage Lottery Fund awarded a grant of £84k towards the cost of restoration, and GNR No 2701 entered SVR service in July 2008, being formally launched into service on 16th August of that year by Mr Tim Godfrey, a grandson of Sir Nigel Gresley. It was declared the overall winner in the Heritage Railway Association Carriage & Wagon competition 2009<ref>vintagecarriagestrust.org</ref>.
In late 2014 2701 received an overhaul and revarnish at Kidderminster Carriage works, being released to traffic in time for the start of the 2015 season.
