15 December 2011

A toast to the Prince of Wales

On 12 June 1908, the then Prince of Wales – later King George V – opened the Rotherhithe Tunnel, linking the south bank of the Thames to Limehouse in the north. There is now little trace of the ship-building industry that dominated the area at the time – but the Prince of Wales pub in Plough Way still pays tribute to the royal visitor and flourishes the Prince of Wales’ feathers on its sign.

Today, Rotherhithe is an up-and-coming area, popular with workers who use the Surrey Quays railway to commute to lucrative City jobs – and back again for a drink in the 110 square metre ground floor bar of this flourishing hostelry, which has just been sold off an asking price of £295,000 by licensed leisure specialists AG&G.

“It’s a well-presented, late 19th century building that has gone to a local operator who can see the potential for turning the first and second floors, which are currently arranges as a living room, kitchen, three beds and a bath, into a couple of flats,” says AG&G director Anthony Alder.

For more information, contact Anthony Alder on 020 7836 7826, e-mail aalder@agg.uk.com or media@agg.uk.com.

AG&G are chartered surveyors specialising in the licensed leisure industry, with the skill and experience needed to value, assess or promote a property not simply as bricks and mortar but as a business. If it involves the price of a licensed premises, its profitability, rental value, investment prospects or value in a dispute, AG&G can help.

8 Exchange Court,
London, WC2R 0JH