Further to my speculative posts, here and here, I can definitely announce the arrival of a brand new Tesco at 38-40 Kennington Park Road. Tesco have taken a 15 year lease on the building from 19th April 2010 so I imagine that they'll open it as soon as the refurbishment is finished. Tesco do not own the freehold. I'm afraid I don't know whether Shakra services will remain (maybe someone else has more info.), but I suspect not. Considering that we're now nearly 5 months into a relatively short lease, I imagine Tesco will be trying to open it ASAP. Oddly, (but this is probably what attracted Tesco), it looks as though the land also has a right of way (including vehicles) over Opal Street. That means (I suspect) that delivery to the building will take place at the back (which may well disturb residents of Opal Street) and it's close to a children's ball court. What I'm not clear is whether the Opal Street residents will be able to enter the supermarket from their street or whether they'll just face the inconvenience of extra traffic without being able to gain easy access.
If Tesco manaage to open the proposed 216 Kennington Road branch, that will make 3 Tescos in SE11, which must be something of a monopoly, considering that we're a tiny postcode. Still, Tesco is one of those shops that everybody likes to complain about and then inevitably ends up purchasing from. It should benefit local residents at the north end of the road, and there's a dearth of shops in SE17 near Penrose Street, so I'm sure they'll receive plenty of custom. Perhaps it will increase business at the Old Red Lion too, and I'm hopeful that Mansion House pub might be either re-opened or used by another business.
There's a huge amount of local news and goings on at the moment. Expect further updates soon.
Update (1/10/2010) - as well as the signage application (see comments below), there's now an application (10/03220/FUL) for installation of air conditioning and fridges etc. so it's moving forward slowly.
YOUNG & CO.’S BREWERY, P.L.C. PRELIMINARY RESULTS FOR THE 52 WEEKS ENDED 30 MARCH 2015 - Final Results (Young & Co's Brewery plc) In the summer we acquired the Fox & Anchor pub and hotel in Smithfield Market and the White Bear in *Kennington* ....
1 day ago