Offers in region of
£1,500,000
(£1,032.35/sq. ft)
Retail premises for sale57 Borough High Street, London SE1
1,453 sq. ft
Freehold
About this property
Frontage to Borough High Street
Existing food use with extraction
Conversion potential
Estimated Rates Payable: £26656
Description
The property comprises a compact mid terrace period building arranged over basement (ceiling height approx. 6 ft 6 ins / 2ms), ground floor and three upper floors. The ground floor provides an open plan sales area behind a prime retail frontage position with a central staircase leading to the upper levels, each of which contains two small rooms positioned front and back on either side of the stairwell.
The building is currently occupied by a restaurant and takeaway operator, with the existing lease due to expire in April 2027.
Current use is restaurant / takeaway with ancillary accommodation and rooms above.
There is potential to convert the upper parts to residential use subject to planning permission.
Accommodation
Basement: 328 sq ft
Ground Floor: 419 sq ft
First Floor: 238 sq ft
Second Floor: 271 sq ft
Third Floor: 197 sq ft
Total: 1,453 sq ft
Location
The property occupies a prominent position on the east side of Borough High Street, directly opposite the renowned Borough Market in the heart of Bankside. This is a well established, high footfall retail, leisure, and commercial area, with nearby occupiers including Holland & Barrett, Pret, Ryman, Subway, Wasabi and The George / Coach House pubs.
London Bridge station offering mainline services and the Northern and Jubilee underground lines is only a very short walk away.
Terms
The Freehold held under title SGL235791 is offered for sale subject to the existing tenancy. Offers invited in the region of £1,500,000.
The property comprises a compact mid terrace period building arranged over basement (ceiling height approx. 6 ft 6 ins / 2ms), ground floor and three upper floors. The ground floor provides an open plan sales area behind a prime retail frontage position with a central staircase leading to the upper levels, each of which contains two small rooms positioned front and back on either side of the stairwell.
The building is currently occupied by a restaurant and takeaway operator, with the existing lease due to expire in April 2027.
Current use is restaurant / takeaway with ancillary accommodation and rooms above.
There is potential to convert the upper parts to residential use subject to planning permission.
Accommodation
Basement: 328 sq ft
Ground Floor: 419 sq ft
First Floor: 238 sq ft
Second Floor: 271 sq ft
Third Floor: 197 sq ft
Total: 1,453 sq ft
Location
The property occupies a prominent position on the east side of Borough High Street, directly opposite the renowned Borough Market in the heart of Bankside. This is a well established, high footfall retail, leisure, and commercial area, with nearby occupiers including Holland & Barrett, Pret, Ryman, Subway, Wasabi and The George / Coach House pubs.
London Bridge station offering mainline services and the Northern and Jubilee underground lines is only a very short walk away.
Terms
The Freehold held under title SGL235791 is offered for sale subject to the existing tenancy. Offers invited in the region of £1,500,000.
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