Former public toilet in east London goes on sale for £1 million

At £1,666 per square foot, the toilet doesn't come cheap

A former public toilet in east London has gone on the market for £1 million.

The underground toilet is being marketed by Clarke and Lloyds Property Consultants as a potential venue for a restaurant or a bar, despite having only 600 square feet of floor space and room for up to 60 customers.

The toilet was converted into a nightclub named Public Life in the early 2000s, but the venue was shut down by Tower Hamlets Council in early 2012 due to a number of complaints about drug and licensing issues and anti-social behaviour.

It has stood empty ever since but is now back on the market, described as a "charming and quirky" venue that could be a "fantastic opportunity" for would-be toilet owners.

Located opposite the redeveloped Spitalfields Market and Hawksmoor Church, the former convenience is at the heart of east London's nightlife scene.

Has the London property market gone mad?

However, the location comes at a price - as the Guardian reports, the £1 million asking price is more than three times higher than the venue's value in 2000, when it was last believed to have been sold.

If the property is redeveloped into a drinking spot, east London could have an answer to Kentish Town's Ladies and Gentlemen - a tiny cocktail bar and working distillery crammed into a public toilet underneath a road junction.

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