A historic eatery has been designated an Asset of Community Value by the City of London Corporation.
Its Policy and Resources Committee unanimously agreed to apply the designation to Simpson’s Tavern, in Cornhill, which was founded in 1757 and claims to be London’s oldest chophouse.
It means the restaurant, which closed in October, cannot be sold without first providing the local community with the opportunity to bid for the building.
City of London Corporation Policy Chairman Chris Hayward said:
“Simpson’s Tavern is a City institution frequented by generations of workers and residents who have enjoyed its good food, drink and convivial atmosphere.
“Its long history and deeply rooted status at the heart of the community means that it clearly meets the criteria for designation as an Asset of Community Value, something which must now be taken into account in any decision over its future.”
The application for Asset of Community Value status for Simpson’s Tavern was made by the Simpson’s Tavern Preservation Society, which is campaigning to save the eatery, famous for its dark wood panelling and communal tables.
It can be granted when a building or land is deemed to ‘further the social well-being or social interests of the community’ and must be taken into account when planning permission is sought to change the use of, or redevelop, the building.
