Ready-income commercial space close to London Bridge transport and Bermondsey amenities.
Self-contained ground and basement office, approx. 1,604 sq ft total
This self-contained office in a Prime Southbank mews near Bermondsey Street offers a ready-made income and strong location appeal. The property comprises ground and basement accommodation totalling approx. 1,604 sq ft (1,288 sq ft lettable), with secure separate access, CCTV and roller shutters. The split layout and modern fit-out make it straightforward to manage as a single-let investment or to reconfigure if required.
Currently let on a long-term tenancy, the building produces income at differing rents: £40/sq ft for ground lettable area (808 sq ft) and £30/sq ft for basement lettable area (480 sq ft). The office benefits from CAT5/broadband connections, an onsite bookable 12‑seater meeting room, furnished workspace and easy walking access (approx. 0.6 miles) to London Bridge transport links and the Bermondsey cultural and hospitality scene.
Practical considerations that affect running costs and future yields are clear: the property is leasehold (999 years from 2004) with an above-average service charge of £5,400 pa and business rates around £16,000 pa. Heating is electric (room heaters), and there is a single bathroom; these points should be factored into operational budgeting or future refit plans.
For investors seeking a centrally located, well-secured commercial asset in a vibrant creative hub, this office offers immediate rental income and stable long lease tenure. Buyers wanting owner-occupier use should note current tenancy and running-cost items before proceeding.
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