I've just looked it up on Land Registry and it looks very encouraging.

Trafalgar bought the Freehold in March 2020.

very interesting. thanks.

Apparently Gambado will be taking over the Capitol.

They provide an indoor play area for children.

Interesting to see how they will turn a profit on that...

Planning permission for Gambado has been granted by Lewisham.
I'm looking forward to this site coming back into use and bringing many new families to the local shops and restaurants.

Personally,
I'd rather have seen it become something along the lines of The Catford House (mixed use bar, arts community space..Like I hoped Louise House (V22)would become).
But that aside I'm relieved it has'nt become a church (nothing against churches btw) or been left to decay.
And as @michael so rightly says anything that drives footfall into our local independent traders (please not Costa.) is a good thing.

The immediate issue is the main entrance of the Capitol is being used by rough sleepers which seems to be a recent addition as they'd use the subway previously.

Yesterday afternoon I saw the police talk to a rough sleeper who was outside Sainsbury's to see if they were ok.