Developer buys Rotherhithe pub for just under £1m: The Clipper pub in Rotherhithe, South London less than 100 metres from the Thames has been bought buy a developer for just under £1m to turn into upmarket apartments. Panayiotis Themistocli of the agent AG and G said: “There was a lot of interest, with 14 offers – it lies opposite the Hilton Rotherhithe and has good transport links, including the Thames Clipper river boat. The Clipper was always going to appeal to developers.”
The Hilton Hotel opposite The Clipper has also been put up for sale, the sales brochure highlighting it's benefits for conversion into residential use, but although there are rumours that it is about to be sold to another hotel chain, nothing has been published and therefore remain unconfirmed.
Finally, rumours that the Scotch Derrick and basketball pitch site next to the Custom House block on Odessa Street are about to be replaced by a new housing project are similarly unconfirmed but seem plausible.