57-59 Great Suffolk Street

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.

In the heart of South Bank - one of London's most vibrant and inspiring districts and home to a diverse range of businesses.

London's South Bank is steeped in history, home to world-renowned arts venues such as Shakespeare’s Globe, the Tate Modern and the National Theatre.

The local area has a dynamic social scene, ranging from fine dining to energetic food markets such as Borough Market and Lower Marsh Market, plus the Old Union Yard Arches right on the doorstep.

The building benefits from its close proximity to a number of London Underground stations as well as major transport hubs providing wider connectivity.

The building is midway between Waterloo and London Bridge stations for access to National Rail services, with Southwark Underground station just three minutes walk away providing direct access to the West End, Docklands and Stratford via the Jubilee Line.