Freehold Putney Pub – The Telegraph – on the Market
April 11, 2019
On behalf of the landlord, DCL has been instructed to sell the freehold public house, The Telegraph in Putney.
This substantial property is on the market for £5million, or available on a new free of tie lease for 25 years at an annual rent of £200,000. It comprises 7,800 sq ft over ground and first floors and includes owners/staff accommodation and a large beer garden.
Paul Tallentyre, Executive Director, Pubs and Bars, Davis Coffer Lyons, said, “The Telegraph public house is an iconic site that requires a makeover. There is an opportunity to create hotel rooms or increase the trading area. There is also potential for residential development subject to planning permission. Freeholds like this very really become available.”
The Telegraph was named after Admiralty Telegraph, a shutter station which stood at the site in 1796 to convey messages between London and Portsmouth at the time of the Napoleonic Wars.