Investment group Meyer Bergman is in “advanced talks” to buy the Vinopolis leasehold with plans to develop a £300m retail hub on the doorstep of Borough Market.
The real estate investor is in talks about aquiring the long leasehold, comprising the wine bar and restaurant, mixed-use building Thames House and surrounding land, in an off market deal, according to EuroProperty.
No deal has yet been agreed, and other investors are thought to be interested.
But if Meyer Bergman is succesful, the firm plans to turn the land into a retail and leisure scheme spanning 1,000 sq metres, with an eventual value of up to £300m.
Vinopolis revealed last week that it would close at the end of this year. Property firm Sherwood Thames Ventures had bought the leasehold to the site while Network Rail owns the freehold.