A pub in Croydon will go up for auction next month.

The Bulls Head pub which is still trading is set to go under the gavel on September 11 with a guide price of £500,000-550,000.

The pub in Laud Street is still operating.

And according to senior auction valuer Sam Kiloch at Clive Emson’s auctioneers in Brighton. it would be a great investment as either a pub or redevelopment.

This is something that people in Croydon may not be so happy about as it seems more and more pubs are disappearing and becoming flats.

Like the Tamworth Arms in Tamworth Road which could soon become six flats, a planning application has been submitted to Croydon Council.

And in South Norwood The Albert Tavern has become an Asset of Community Value (ACV) in a bid to stop owners Greene King selling it to developers.

Mr Kinloch said: “This former public house offers an excellent opportunity for investment, owner occupation or re-development, subject to all necessary consents being obtainable.

“Situated on a good size plot extending to approximately 0.032 acres the property is located within close proximity of Croydon town centre with its array of shops and amenities.”

He adds that its proximity to East Croydon station increases the building’s attractiveness

“Transport networks are provided by the nearby East Croydon railway station, providing links to London Victoria and Gatwick Airport. Croydon is undergoing huge regeneration and is in the process of building Westfield Shopping Centre and Cross Rail transport links,” he added.

The Bulls Head has been contacted for comment.