Freehold Public House with Development Potential For Sale

Trafalgar Road, London SE10

£1,500,000

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Description

An opportunity to purchase a freehold public house in Greenwich on a highly desirable road. The property comprises a pub and restaurant occupying the basement and ground floors with residential accommodation on the first floor with 8 guest rooms.

Planning permission for a 10 storey hotel was rejected in 2010, so we encourage interested parties to conduct their own research on the sites development potential.

The property will be sold with vacant possession and is in a good location for residential development or pub operators alike. The vendor will also consider a sale and lease back arrangement, with a lease of up to 3 years at £75,000 per annum with a short notice period

City & Counties Commercial have not yet measured the internal space of the pub, so we ask interested parties to contact us to arrange formal appointments to gain access for viewings.

Location

92 Trafalgar Road, Greenwich, London SE10 9UW

The property is located on the Greenwich Peninsula which plays host to a number of shops, bars and restaurants. It is only a few minutes’ walk to the centre which includes the University of Greenwich and Greenwich Market. The site is only a few minutes’ walk from Greenwich and Maze Hill station which has a travel time of only 10 minutes to London Bridge station. The location is perfect for nights out, young families and commuters.

Planning History

Refused Planning in 2010 - 10/0994/F | Extension of basement and first floor and addition of eight-storeys of hotel accommodation comprising 24 double bedrooms, service floor and restaurant (resubmission). | HARDYS, 92 TRAFALGAR ROAD, GREENWICH, LONDON, SE10 9UW

Plans