20 Albion Street
Development opportunity for sale

Development opportunity for sale

24/03/2021 by Buildington

London estate agent KALMARs is selling a former public house site known as The Albion at 20 Albion Street in Rotherhithe with planning consent for 8 new build apartments above a new ground floor/basement wine bar café.

The freehold site is currently occupied by a redundant 6,501 sq ft pub that has been vacant for 10 years.

Offers in excess of £1.25 million are being invited, with planning consent to build a contemporary style four-storey mixed-use development providing 8 new sustainable homes within 6,447 sq ft arranged as 3,863 sq ft of accommodation on the first to third floors, above a 2,584 sq ft wine bar or pub on the ground and basement levels.

Richard Kalmar, Managing Director at KALMARs, commented: “As well as providing eight modern sustainable homes, the site will be part of the regeneration of this ‘happening’ area, where British Land and Grosvenor are starting work on transformational major developments. The ground floor use will appeal to the young richly diverse community that is now settled there, providing a family-orientated café/bar culture. Home entertainment is no substitute for the breaking of bread together that is the basis of our civilisation. Once COVID-19 is over, people will still want to relax and go out to meet each other in a modern welcoming environment.”

For more information contact KALMARs.

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