Putney – Mixed-Use Investment and Development Opportunity

Description

• Freehold public house investment and residential development opportunity in Putney, on the south bank of the River Thames
• Opportunity to acquire a freehold site of approximately 0.028 ha (0.07 acres) within the London Borough of Wandsworth
• Excellent transport links with a PTAL rating of 6a, Putney Station (0.5 miles) and East Putney Underground Station (0.4 miles) are situated nearby
• The total NIA of the existing building is 591.12 sq m (6,363 sq ft) comprising a public house arranged over the lower ground and ground floor, extending to approximately 308.9 sq m (3,325 sq ft), and 282.22 sq m (3,038 sq ft) of further accommodation arranged over two upper floors
• Planning permission granted (2020/2542) in November 2020 for the extension to the mansard and conversion of the upper floors of the building to provide for eight flats
• The public house and first floor flat are currently let at a total current passing rent of £51,000 per annum

Offers in excess of £2,500,000 are invited for the Freehold interest, subject to all existing tenancies, subject to contract

Subject to contract