8/25/2021 | Leisure

Landmark former mooring of HMS President on the Thames up for sale

Specialist business property adviser, Christie & Co, is delighted to bring to market an exciting central London opportunity, to acquire a well-positioned mooring licence along the Thames.

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The world-famous River Thames runs through the heart of London and is a focal point for much of the city’s commerce, history, culture and tourism. This rare opportunity to acquire a sought-after mooring license on the Embankment to the west of Blackfriars Bridge offers a new owner the chance to develop an exciting new waterfront venue between Tower Bridge and Westminster. The location is set to be further enhanced through the development of a new foreshore area which will introduce a terrace and al fresco seating.

Up until 2016 the site remained home to HMS President, the former Royal Naval base ship which was converted into a well-known floating events venue, with capacity for 350 patrons throughout its licensed restaurant, bar and function areas. In 2016 the ship was moved from her berth to make way for works on the Thames Tideway Tunnel.
 
The mooring is held by way of an Annual River Works License agreement from the Port of London Authority, which provides permission for the permanent mooring of a vessel and the construction of a floating pontoon of up to 262 feet in length. Offers in excess of £1.5 million are invited for the opportunity.
   
Simon Chaplin, Senior Director of Corporate Pubs & Restaurants in Christie & Co’s Hospitality team is handling the opportunity. He comments, “We have dealt with a number of venues along the Thames in the past and know how popular they can be. It is often the mooring that holds the key and this opportunity gives new owners the prospect of either basing a new river service from here or bringing in a vessel to provide a hospitality venue such as a floating hotel, fine dining restaurant or busy bar. Whatever the outcome it will enjoy spectacular views down the Thames, one of the world’s most famous rivers.”
 
 
For further information on this press release, contact:
Bronte Hughes, Corporate Communications Executive
P: 020 7448 8849 or E: bronte.hughes@christie.com


Contact the agent:
Simon Chaplin, Senior Director – Corporate Pubs & Restaurants
P:  07764 241351 or E: simon.chaplin@christie.com