Workspace Group have acquired the former Mecca Bingo site in Garratt Lane, Wandsworth, for £26.1m.
The site, which comprises a vacant 43,000 sq. ft. bingo hall and 200 space car park adjoins Riverside, an existing 100,000 sq. ft. office and workshop building. Workspace say the combined site provides nearly six acres of land with significant redevelopment potential, and close to Earlsfield station.
Workspace has four properties in the borough and recently completed a mixed use redevelopment in Wandsworth Town Centre which includes The Light Bulb, a new 52,000 sq. ft. business centre.
Jamie Hopkins, Chief Executive Officer of Workspace, commented: “This is a hugely exciting purchase for Workspace of a site we have been tracking for some time. It provides the opportunity to create a major employment hub in Wandsworth, complementing the schemes that we have already delivered at Kennington Park and The Biscuit Factory in Bermondsey. We look forward to working with Wandsworth Council and the local community on the redevelopment of this strategic site.”