Redcat Pub Company, the firm led by former Greene King boss Rooney Anand, has bought 42 venues from Stonegate.
The company announced today that 50 per cent of the managed pubs are in prime London areas, in a vote of confidence in the capital’s recovery from the coronavirus pandemic.
It said the estate consists of 14 managed and 28 tenanted sites, with seven of the managed pubs in the capital, that have large beer gardens to “assist with a strong recovery this summer”.
The London pubs include the Clarence, the Elm and and the Red Back in Fulham and the Bird in Hand in Forest Hill.
The deal is expected to complete at the end of May in time for when pubs are allowed to reopen for indoor trading.