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Asylum Tavern New
Asylum Road, Peckham, Central London, SE15 2RL
Annual Rent: £35,000
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External Drinking Area
Property details
The Asylum Tavern is a prominent three-storey corner public house on Asylum Road in Peckham, just off the Old Kent Road and around three miles south of central London. It’s well placed in a high-density residential area, offering strong local trade and good passing footfall. Queens Road Peckham Station is just a five-minute walk away, offering convenient Overground and Southern Rail connections to London Bridge and beyond. Additional excellent transport links are available via Peckham Rye Station and the numerous bus routes along Old Kent Road. The area has undergone extensive regeneration and residential development, contributing to a strengthened and more vibrant local demographic.
Upon entering the pub, guests are welcomed into the main bar area, which offers seating on two sides. To the left, there is a snug-style space featuring bench seating, providing a more intimate area for smaller groups. Towards the rear and to the left-hand side is a dedicated pool and darts area, complete with some fixed seating, making it ideal for sports and social gatherings. The pub is arranged as an essentially two-bar operation, allowing flexibility. Television screens are positioned throughout the pub, ensuring good visibility for all areas. To the rear, you will find the ladies’ and gents’ toilets, conveniently located for easy access.
The private accommodation consists of one bedroom, but 4 rooms set out as an HMO currently.
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Team Games
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Pool Area
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Live Entertainment
Trading style
The pub has been operated by the same licensee for several years, serving a loyal and well-established customer base. This long-term stability has created a welcoming and familiar atmosphere, with a strong sense of community and consistent local support. Trading has remained steady under the current licensee, who has chosen to keep the offer simple and traditional. The pub is fully wet-led, with no food provision; however, there is a small selection of back bar snacks available. This straightforward approach has allowed the business to retain its identity as a classic community local, valued by regulars for its relaxed environment and friendly service.
The Asylum has been a mainstay of the local pub scene for many years, offering great potential for the right licensee to build on its established presence. Any prospective licensee will need a strong vision for the pub’s future and the ability to see beyond its current setup and décor. A successful relaunch will require close collaboration and a shared refurbishment plan, with investment contributions agreed by both parties before moving forward. Due to the nature of the opportunity and the challenges involved, the Asylum is unlikely to be suitable for a first-time licensee, as experience in managing and repositioning pubs will be a key advantage. The concept offers flexibility; it could remain a traditional pub with a twist or, with the right plan, evolve into something more contemporary and distinctive. Applicants will be expected to visit the pub at least twice, ideally at different trading times and days, and spend time in the local area to understand the trading environment and customer base. To succeed, the new licensee will need to align the offer with the local demographic, broadening the customer base and re-engaging with the surrounding community. This represents a challenging but rewarding turnaround opportunity, with full support provided for the right applicant. The successful licensee will focus on creating a welcoming, community-led atmosphere that attracts both residents and passing trade, while offering something different from the area’s more traditional, value-led venues.
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