DCL Completes Sale of The George Pub in Fulham
September 13, 2011
Leisure property advisors Davis Coffer Lyons has completed the freehold sale of The George public house in Fulham on behalf of Youngs, to Castlehaven Developments Ltd for an undisclosed sum.
The substantial freehold property, comprising over 5,000 sq ft is located on the Fulham Road, SW6, within the main drinking and eating circuit of Fulham. The property has planning permission granted for four flats on the first and second floors. Castle Haven will develop the ground floor and basement of the property for alternative use.
Paul Tallentyre, Director of Pubs at Davis Coffer Lyons, said: The freehold sale of this pub was an attractive investment/development opportunity and resulted in good competitive bidding on a site which was not performing well as a public house and will better suited for alternative commercial use along with residential.