From
£800,000
Property for saleSpa Road, London SE16
Auction
About this property
To be offered on Wednesday 30th September
Virtual Freehold Education Investment
Well located in the heart of Bermondsey
Let on a lease expiring 2032
Rent Review 2029
VAT is applicable (togc intended)
Investment let at £55,000 p.a. (6.9% giy on Guide Price)
Strapline
Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Virtual Freehold London Education Investment in the Heart of Bermondsey Let at £55,000 per Annum
Description
The property is arranged over ground floor only to provide a nursery over ground floor
Location
The property is situated on Spa Road in the heart of Bermondsey, a highly sought-after and vibrant South East London district. Bermondsey has undergone extensive regeneration and is now recognised as one of London’s most established mixed-use neighbourhoods, combining residential, office, retail and leisure accommodation. The area benefits from a wide range of amenities including Bermondsey Street, Maltby Street Market, Shad Thames and Tower Bridge, all of which are within easy reach.
The property is conveniently located approximately 0.3 miles from Bermondsey Underground Station (Jubilee Line), providing direct services to London Bridge, Canary Wharf and the West End.
Transport
Underground Bermondsey Underground Station (Jubilee Line) is approximately 0.3 miles to the south-west, providing direct services to London Bridge, Canary Wharf, Waterloo, Westminster and Bond Street.
Rail London Bridge Station is within easy reach and provides extensive National Rail services across London and the South East, together with connections to the Jubilee and Northern Underground lines.
Bus The surrounding area is well served by numerous London bus routes operating along Spa Road, Jamaica Road and Tower Bridge Road, providing convenient access throughout Central London and surrounding districts.
Road The property benefits from excellent road communications, with Tower Bridge, the A100, A2 and A200 all readily accessible, providing routes into the City, Canary Wharf and the wider motorway network.
Air London City Airport is approximately 7 miles to the east and offers a range of domestic and international flights.
Tenancy
Let to Strong Tower Education Limited on an internal repairing and insuring(ir&I) lease for a term of 7 years from July 2025 at £55,000 per annum.
The lease provides for a rent review at the 4th anniversary
Accommodation
Ground Floor - 308.24 sq m (3,318 sq ft)
Auction Sale - 29/09/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions website. -
Virtual Freehold London Education Investment in the Heart of Bermondsey Let at £55,000 per Annum
Description
The property is arranged over ground floor only to provide a nursery over ground floor
Location
The property is situated on Spa Road in the heart of Bermondsey, a highly sought-after and vibrant South East London district. Bermondsey has undergone extensive regeneration and is now recognised as one of London’s most established mixed-use neighbourhoods, combining residential, office, retail and leisure accommodation. The area benefits from a wide range of amenities including Bermondsey Street, Maltby Street Market, Shad Thames and Tower Bridge, all of which are within easy reach.
The property is conveniently located approximately 0.3 miles from Bermondsey Underground Station (Jubilee Line), providing direct services to London Bridge, Canary Wharf and the West End.
Transport
Underground Bermondsey Underground Station (Jubilee Line) is approximately 0.3 miles to the south-west, providing direct services to London Bridge, Canary Wharf, Waterloo, Westminster and Bond Street.
Rail London Bridge Station is within easy reach and provides extensive National Rail services across London and the South East, together with connections to the Jubilee and Northern Underground lines.
Bus The surrounding area is well served by numerous London bus routes operating along Spa Road, Jamaica Road and Tower Bridge Road, providing convenient access throughout Central London and surrounding districts.
Road The property benefits from excellent road communications, with Tower Bridge, the A100, A2 and A200 all readily accessible, providing routes into the City, Canary Wharf and the wider motorway network.
Air London City Airport is approximately 7 miles to the east and offers a range of domestic and international flights.
Tenancy
Let to Strong Tower Education Limited on an internal repairing and insuring(ir&I) lease for a term of 7 years from July 2025 at £55,000 per annum.
The lease provides for a rent review at the 4th anniversary
Accommodation
Ground Floor - 308.24 sq m (3,318 sq ft)
Mortgage calculator
Monthly repayment
£4,001 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}