17 October 2022

McMullen adds to London estate with Whitechapel pub deal

Hertfordshire brewer and retailer McMullen has acquired The White Hart in London’s Whitechapel, Propel has learned. The pub is located on the Mile End Road, situated near transport links and the company’s “rapidly growing London pub estate”. The White Hart will join McMullen’s Social Specialist group of pubs, located on high streets, offering “informal relaxed vibe with a tempo that goes up as the lights go down”. The site is the latest acquisition for the company following the Warbler on the Wharf, Milton Keynes and The Cambridge Tap, Cambridge. The next acquisition to open will be the Saint & Sinner in St Albans. Heydon Mizon, joint managing director, said: “It is fantastic to be offered the opportunity to take over the reins from the Mulligan family, who have been the custodians of The White Hart for a total of over 20 years. While considering the pub, we spent many evenings there as guests, and both the pub and the friendly, vibrant team really won us over. Both are a credit to John and Patrick Mulligan. The pub will trade as now while we settle in and plan any required investment opportunities.” AG&G represented the Mulligan family on the White Hart deal. McMullen, which operates 40 tenanted sites and 83 managed pubs, said it continues to seek “excellent quality freehold and long lease hold property in London and the south east, either current trading pubs and hotels, new build opportunities or property conversions”.

AG&G are chartered surveyors specialising in the licensed leisure industry, with the skill and experience needed to value, assess or promote a property not simply as bricks and mortar but as a business. If it involves the price of a licensed premises, its profitability, rental value, investment prospects or value in a dispute, AG&G can help.

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