Bermondsey, SE1 Ref: 32637

Anyone familiar with Southwark will have noticed this site over the years. The redundant secondary parade sits on the corner of Grange Road and The Grange. Its shuttering is adorned with graffiti, and the flank served as a canvas for Banksy's 'HaringDog' mural from 2010-2016. Most recently used as a car wash, planning permission was granted for a seven-storey mixed-use building back in 2015. The site was sold without the S106 Agreement being completed, and therefore the scheme never came forward. Our London office is within walking distance, and we've monitored the site waiting for an opportunity to introduce a buyer. In 2022 the Russian-backed owners decided that a sale would be prudent, and we introduced a retained client with a strong track record for straightforward, unconditional transactions. Completion of the sale took place in February 2023, at which point the buyer made a planning application for 22 flats and 3 commercial units in a building that will rise from 4-7 storeys.

PROJECT ADDRESS: 163-167 Grange Road, Bermondsey SE1 3AD

Tom Luck

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