Property versus Pints
Foxtons the Estate Agents represented by Agents Montague Evans notified Southwark Planners in April that they intended to open a Branch of their Estate Agency in the pub known as the Elephant and Castle.
The current Elephant & Castle pub is on the corner of New Kent Road and Newington Causeway, it took the place of the original tavern that gave the area its name.
In a recent community website report it stated: In a letter to the council, agents Montagu Evans explain that – so long as the pub is not listed as an asset of community value under the Localism Act – they don’t need planning permission to change the use of the building from class A4 (pub) to class A2 (finance).
If the pub is not nominated as a community asset within 56 days of Foxtons’ request to the council (dated 16 April), then the change of use is automatically permitted.
In another area of London “The Star” a former public house in St John’s Wood has been used as offices since March of this year by Champion Estates, following an unsuccessful attempt by the owners to demolish and to build luxury flats on the site.
Champion Estates have now been ordered by Westminster Council to vacate. In February the building was awarded Asset of Community Value status by Westminster Council, which halted it being converted into residential space.
This is certainly the war of Property versus Pints.
You May Also Enjoy
Brexit housing market winners and losers
The Rental Market is Rebalancing
Dispelling the top five biggest letting agent myths
A fifth of Gen Z would move 25 miles or more for affordable housing
Can AI-powered search platform push out Rightmove for renters?
