It’s homes five, history nil as Ritz is for sale

Tuesday 19th July 2011, 2:29PM BST.

St Saviour's Tavern closed in 2007.

ST SAVIOUR’S Tavern is for sale again.

Planning permission to convert the former pub into five apartments was granted earlier this year and the owners are inviting offers over £600,000.

The pub closed on 8 September 2007, having been bought by businessman Tom Scott for £285,200 a month earlier.

Known as The Ritz, it was established in 1842 as St Saviour’s Hotel.

Corinne Connolly from campaign group Save Tavern and Restore Tradition said they were saddened by the decision. They have been campaigning since its closure to have a pub reinstated.

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View more: St Saviour's Tavern news, The Ritz news.

1
Beanjar

July 19, 2011 at 8:23 pm

How to double your money in a recession and presumably tax free, works fine if you are Tom Scott. If I am right in remembering, didn’t he actually ‘buy’ this from his own company? If so, was it at market price?

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2
richard

July 20, 2011 at 3:52 pm

someone has made some cash out of this I bet its £600,000 per home plus. shame it was not a pub as promised

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3
CameraShy

July 20, 2011 at 5:09 pm

Beanjar – I think the property was bought for something like £285,000. Whether that’s market value or not, I’m not qualified to say (although I doubt it!).

richard – As far as I’m aware, having planning proposals approved doesn’t necessarily mean those plans will be carried out. There’s still a chance it could remain a pub – just depends on who can stump up the £600k.

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