This unique property offers direct access to the Thames Embankment, complete with existing waterfront mooring facilities. With permissions in place for the permanent mooring of a vessel and the construction of a floating pontoon measuring up to 80 meters in length, this site presents significant potential for redevelopment.
Once home to HMS President, a prominent floating events venue, this location boasts a history of accommodating large gatherings, with a capacity for up to 350 guests. The vessel featured both restaurant and bar services alongside functional event spaces, and its dimensions – 262 feet in length and a displacement of 1,290 tons – provide an insight into the scale of opportunities available here. Given its past use, new owners can envision transforming the space into a vibrant venue that caters to both local residents and tourists alike.
The surrounding area is undergoing exciting enhancements due to the London Thames Tideway Tunnel project, which will create a new foreshore terrace complete with café and seating areas along the waterway. As this development nears completion, anticipated accessibility improvements will make the mooring more attractive for future use by mid-2025.
Situated just west of Blackfriars Bridge on the north bank of the Thames, this prime location has experienced significant revitalization over the past 15 years. The nearby upgrade of Blackfriars Station has attracted numerous businesses and offices to what is now referred to as “Mid Town.” Its proximity to Temple’s legal district and key attractions such as St Paul’s Cathedral and Covent Garden enhances foot traffic throughout the day, making it an appealing spot for any potential venture.
The Port of London Authority (PLA) suggests that any new vessel positioned here should ideally be around 80 meters long, approximately 10 meters wide, and have a draft of about 3.5 meters while ensuring some degree of public access. Future owners should also be aware that planning permission from the City of London will be required for any new proposals or developments.
Currently held under an Annual PLA River Works Licence agreement with perpetual rights subject to certain conditions, ownership includes an established license that commenced in December 2018 and was renewed in July 2020. The annual fee fluctuated between £35,000 and £40,000 when HMS President occupied this mooring. While non-assignable, this licence can be transferred upon issuance of a new one by the PLA.
Additionally, any business utilizing this space would need to undergo reassessment for business rates based on their specific usage; previous rateable value stood at £
