Baker’s dozen of would-be buyers for Kingston pub with potential
We’re all familiar with the irritations of telephone tennis – you leave a message, the person you’re trying to reach leaves another one and it takes forever to speak. Then, finally, the conversation takes just a few minutes.
The sale of the Alexandra in Kingston has been a similar story, with two buyers encountering difficulties. Finally, licensed leisure specialists AG&G put it back on the open market, received 13 offers – all but three over the £1.6 million asking price – and exchanged within three hours of issuing contracts.
The pub, a handsome Victorian building with a two storey former stable block housing the trade kitchen on one side and a single storey extension on the other, plus a 30-space car park, is just yards from the Kingston gate to Richmond Park.
“Given that the Alexandra is in a great position, on a large plot of around a third of an acre and has clear potential for redevelopment or another building in the grounds, we weren’t surprised that it attracted a lot of interest,” says AG&G’s James Grimes.
The buyer, an investor/developer, is now considering the options.