Eltham pub expansion fallen through?
It looks as though plans to expand the Rusty Bucket pub in Eltham have fallen through.
Back in February a planning application went in to expand the pub into an adjoining unit. That was actually approved just two days ago – but of course much has changed since the application.
An email alert this week revealed the unit is now up for rent again. They are asking for rent of £18,500 a year. A tad optimistic in the current climate? Then again, not as bad as £75,000 being asked for a shop unit in Camberwell at the base of a new-build.
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Hardly surprising given the damage that covid-19 has done to business. Perhaps a supermarket might be able to afford that £75,000 rent, but I don’t see it in the current trading climate.