PPR buys former church training centre, Tooting Bec, London

PPR buys former church training centre, Tooting Bec, London

PPR Estates (PPR) is pleased to announce the freehold acquisition of 21 & 23 Tooting Bec Road, London in re-generation project. The Grade II Listed property was previously used as a church training centre and comprises an 11,000 sqft  (GIA) building over 3 floors with 0.49 acres of private grounds. Located within 100m of Tooting Bec Underground Station (Northern Line) and on major bus routes the site has excellent transport connections.

Having been vacant for several years, PPR look forward to restoring this important historic building and bringing it back into viable use in an environmentally and socially useful way.

Jon Caplan, MD of PPR Comments: “We are excited to acquire this Grade II Listed asset and look forward to working with all our stakeholders to bring it back to life very soon. We are already working with potential new occupiers and local Planners to ensure the site has a sustainable future that meets Tooting Bec’s needs. This type of prime commercial London site fits PPR’s Town Centre fund criteria perfectly.”

Town Centre investment

PPR owns and manages over 60 commercial sites and premises in various High Street locations across Southern England, as well as a significant residential portfolio. We are focused on mixed-use, town centre regeneration to meet the flexible needs of modern society, whilst creating value. PPR has substantial funds available for further acquisitions and investment.