£4,500,000
(£459.84/sq. ft)
Office for saleGreat Suffolk Street, London SE1
9,786 sq. ft
About this property
South Bank location
Fantastic views
Balconies on Level 1
Comfort air cooling
Bicycle racks
Excellent natural light
LED Lighting
Perimeter trunking
Excellent ceiling heights
Passenger lift
Demised WCs
EPC rating B
High yielding office investment opportunity
Overview
High yielding office investmenst opportunity
Multi-let with current annual rental income of £365,000 per annum exclusive, with additional anticipated rent of circa £150,000 following leasing of vacant units.
Grade A specification offices, including excellent floor-to-ceiling height, air-cooling, WCs within the demise and a lift
Central South Bank location – within a 3 minutes walk from Southwark Underground station (Jubilee Line)
Fantastic views
Recently refurbished
Arranged over Ground to 5th floors comprising 9,786 sq ft (NIA)
EPC B*
Available for sale on 999 year peppercorn leases from January 2004
57-59 Southwark Street forms the commercial element of a mixed use development.
The upper floors are accessed via a recently refurbished entrance lobby that serves only the office element. The ground floor is self-contained with own entrance. Each of the office units has its own WCs.
All the upper floors, except the 2nd floor, were comprehensively refurbished in 2022. The ground floor was refurbished in 2024. Specification includes air-cooling, laminate timber floors, suspended LED lighting, perimeter trunking, demised WCs and kitchenettes.
The floors were let fitted and furnished. At lease expiry tenants are obligated to reinstate any alterations made and return the demise in condition as let, subject to wear and tear accepted for furniture which remains owned by landlord.
The ground floor is currently vacant having been recently refurbished.
Service Charge
Tbc
Viewings
Viewings strictly via prior appointment only.
Overview
High yielding office investmenst opportunity
Multi-let with current annual rental income of £365,000 per annum exclusive, with additional anticipated rent of circa £150,000 following leasing of vacant units.
Grade A specification offices, including excellent floor-to-ceiling height, air-cooling, WCs within the demise and a lift
Central South Bank location – within a 3 minutes walk from Southwark Underground station (Jubilee Line)
Fantastic views
Recently refurbished
Arranged over Ground to 5th floors comprising 9,786 sq ft (NIA)
EPC B*
Available for sale on 999 year peppercorn leases from January 2004
57-59 Southwark Street forms the commercial element of a mixed use development.
The upper floors are accessed via a recently refurbished entrance lobby that serves only the office element. The ground floor is self-contained with own entrance. Each of the office units has its own WCs.
All the upper floors, except the 2nd floor, were comprehensively refurbished in 2022. The ground floor was refurbished in 2024. Specification includes air-cooling, laminate timber floors, suspended LED lighting, perimeter trunking, demised WCs and kitchenettes.
The floors were let fitted and furnished. At lease expiry tenants are obligated to reinstate any alterations made and return the demise in condition as let, subject to wear and tear accepted for furniture which remains owned by landlord.
The ground floor is currently vacant having been recently refurbished.
Service Charge
Tbc
Viewings
Viewings strictly via prior appointment only.
Mortgage calculator
Monthly repayment
£22,511 per month
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