Anybody got £1.2m going spare?

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Parker1970
Posts: 405
Joined: 4 Nov 2014 22:36
Location: Kirkdale

Re: Anybody got £1.2m going spare?

Post by Parker1970 » 19 Dec 2015 13:12

If I win the lottery this weekend, I'll buy it.

I've been a pub licensee before and I loved it as a job. Sadly it was for a brewery so long hours, small salary (albeit live-in) and as it was live in, I never felt like my spare time (what little there was) was really spare time, I was always at work so to speak.

But promise is made, if I win the lottery, I will buy the windmill.
Signed in blood.
Parker1970
:D

Eagle
Posts: 10658
Joined: 7 Oct 2004 06:36
Location: F Hill

Re: Anybody got £1.2m going spare?

Post by Eagle » 19 Dec 2015 16:44

I wonder how much it cost J D W to build in the 90's ???

Also what they sold for.

Could be the current owners are pricing too high for potential Pub Owners on purpose, oh but could people be that devious.

Bovine Juice
Posts: 257
Joined: 14 Oct 2007 11:35
Location: Penge

Re: Anybody got £1.2m going spare?

Post by Bovine Juice » 19 Dec 2015 18:47

I'd be amazed if Antic don't move into it or the Greyhound.

monkeyarms
Posts: 272
Joined: 28 Jul 2015 14:54
Location: Tredown

Re: Anybody got £1.2m going spare?

Post by monkeyarms » 19 Dec 2015 23:26

Nice to see that it's currently an "asset of community value", which makes it harder for it to be used as something other than what it was before.

I was initially thinking that it was rather overpriced – it is hard enough to turn a profit from a pub these days, let alone a pub that cost you 1.2 million+refurb costs. But then again, if you can get two flats above it then you could sell those off. Plus the layout of the downstairs is such that you could probably have a smaller pub and a separate retail unit. Dunno. Be very interesting to see what happens.

Bovine Juice
Posts: 257
Joined: 14 Oct 2007 11:35
Location: Penge

Re: Anybody got £1.2m going spare?

Post by Bovine Juice » 20 Dec 2015 17:03

£1.2m is a lot of money but investors see mixed commercial and residential as a good investment in London, especially with a fair sized footprint like that.

JRobinson
Posts: 1102
Joined: 5 Jan 2010 12:40
Location: De Frene Rd

Re: Anybody got £1.2m going spare?

Post by JRobinson » 22 Dec 2015 18:13

if I won more than £2m on the lotto I'd buy it.

Sydenham
Posts: 270
Joined: 2 Sep 2007 09:08
Location: Wells Park

Re: Anybody got £1.2m going spare?

Post by Sydenham » 23 Dec 2015 12:51

Also for sale for £1.2 million and not too far away - a house on Wells Park Road - 11 bedrooms (really???) so would suit a small family with live-in help:

http://www.zoopla.co.uk/for-sale/detail ... Wtu9zST.97

MartinH
Posts: 149
Joined: 10 Sep 2007 10:17
Location: Sydenham SE26

Re: Anybody got £1.2m going spare?

Post by MartinH » 24 Dec 2015 08:25

Ref: House on Wells Park road. What a waste of an opportunity. Who would design and build such a monstrosity void of soul and lacking in features and detail? Yuk!!

Bovine Juice
Posts: 257
Joined: 14 Oct 2007 11:35
Location: Penge

Re: Anybody got £1.2m going spare?

Post by Bovine Juice » 25 Dec 2015 10:28

One family won't live in that place. It's a HMO

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