New Cross takes its name from a coaching inn that once provided accommodation for weary travellers, so it’s entirely appropriate that the site of the Walpole pub in New Cross Road is now set to become a 60-bed hotel – the only one in the SE14 postcode.
It was sold off a guide price of £2.25 million by AG&G’s Anthony Alder, to a Middle Eastern investment company.
The pub is an attractive, flat-fronted Victorian building that comes with a beer garden, letting rooms and two neighbouring shops but it was sold with planning permission for a new hotel.
“There’s such strong demand for large plots in central London and it’s close to the terminus of the East London line, near up-and-coming Stratford and with that precious permission, so the potential was clear,” says Anthony.
The pub had a slightly chaotic recent history but was nonetheless a decent alternative to the Amersham Arms or the Marquis of Granby.
Thanks to those on the New Cross forum who highlighted the story.
here are the before (top) and after (bottom) elevations from the planning documents for the proposed hotel: