James McDonnell, the London-based pub and club operator, has acquired the Prince of Wales in Rotherhithe for £328,000.
McDonnell, who owns a number of pubs and clubs in the South East of London, has acquired the freehold interest of the site that features a 110sqm ground floor bar.
“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,” said AG&G director Anthony Alder, who acted on the deal.
