As I understand it, Dulwich Estate own the property, but it is leased to Stonegate. DE have tried to get Stonegate to return the lease so that they can do something with it, but they have not. As the lease expires this year, we'll probably see something happening to it. My money would be on flats as @fredricketts says. Whilst some might want a Wetherspoons (not me personally), that seem incredibly unlikely following the recent closure of the Capitol just up the road.
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