Grade II Listed Freehold in SE1 close to London Bridge Station

78 Bermondsey Street, Southwark, London, SE1 3UD

    Lot No: 5

    Property Type: Commercial Property

    Contract Type: Unconditional

Sold for £2,300,000

• To be sold by Knight Frank Auctions on the 26th September, unless sold prior.

• Grade II Listed Freehold

• Located close to London Bridge Station.

• Vacant possession

• EPC Rating: D

• Redevelopment/ Change of Use Potential, subject to all necessary consents

Property Description

• Grade II Listed Freehold
• Within 6-minutes walk from London Bridge Station
• Comprises approx. 3,687 sq. ft.
• Vacant possession
• Redevelopment/ Change of Use Potential, subject to all necessary consents

The property is arranged over ground and three upper floors comprising of approximately 3,687 sq. ft. (342.48 sq. m.) of office and ancillary.

Planning
The property provides the opportunity for a comprehensive refurbishment or to convert to residential use, as either a single residence or multiple dwellings , subject to all the necessary consents.
Please refer to London Borough of Southwark. https://www.southwark.gov.uk/

EPC
Rating of D.

Location

The property is located just south of London Bridge Station within the London Borough of Southwark. Southwark is one of London’s most dynamic areas and offers a vibrant cultural and creative environment. The area is home to some of London’s most iconic attractions including London Bridge, Tate Modern, Shakespeare’s Globe and Borough Market. Sub markets south of London Bridge are poised to benefit from the proposed St Thomas Street East Framework which aims to dramatically enhance the district’s physical, social and economic backdrop. This extends to the northern part of Bermondsey Street, where the property is located. Occupiers in the immediate vicinity include: the Fashion and Textile Museum, Eames Fine Art Gallery, Eng Design, Williams Lynch Estate Agents, Black Swan Studios and London Glass Museum.

Occupancy

Vacant

EPC Rating

D

Buyers fee

The buyers fee is £1500 including VAT. This is only payable by the successful purchaser. There are no costs to bidding for the property.

Auction Details: The sale of this property will take place on the stated date by way of and is being sold as Unconditional. Binding contracts of sale will be exchanged at the point of sale. All sales are subject to the Common Auction Conditions and Extra General Conditions. Auctioneer Fees and Deposit. The following deposits and non-refundable auctioneer fees apply: • 10% deposit, subject to a minimum of £5,000. The deposit contributes to the purchase price. • Buyer’s Fee- the value of this fee will be listed against the property details, inclusive of VAT. The Buyer’s Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability. There may be additional fees contained within the Special Conditions of Sale, which can be viewed within the Legal Pack. You are strongly advised to read the Legal Pack carefully before bidding. Additional Information: For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the Knight Frank Auctions’ website. This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack. Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Auction Conduct Guide.

Auction Information

26 September 2023 11:30

The Knight Frank Auction will be broadcast live online with telephone and internet bidding

Contact Us

If you have any questions, call our team on 020 7861 5520

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