Borough High Street
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66-70 BOROUGH HIGH STREET 66-70 Borough High Street LONDON SE1 A Vacant Freehold Newly Refurbished Mixed-Use Building 1 66-70 BOROUGH HIGH STREET 66-70 BOROUGH HIGH STREET Executive Summary Freehold Located in the vibrant and popular district of South Bank, close to Borough Market, Bankside and London Bridge Quarter Excellent transport connectivity with London Bridge Station located within a 3 minute walk Situated in an area undergoing significant infrastructure improvements and regeneration Attractive Grade II listed terraced property providing 6,012 sq ft of office and retail accommodation Retail accommodation at ground and lower ground totalling 1,847 sq ft GIA and office accommodation arranged over ground and four upper floors providing 4,385 sq ft NIA Comprehensively refurbished in 2020 to provide CAT A office space and a retail unit fitted to shell condition To be sold with full vacant possession Various asset management initiatives to include; carrying out CAT A+ fit out, splitting the building front and rear and operating as a boutique business centre Offers are sought in excess of £4,500,000 subject to contract and exclusive of VAT reflecting a low capital value of £749 per sq ft 2 3 66-70 BOROUGH HIGH STREET 66-70 BOROUGH HIGH STREET BLACKFRIARS TATE FLAT IRON SHAKESPEARE’S ST PAUL’S BOROUGH CANNON THE GUY’S THE LONDON THE CITY MODERN SQUARE GLOBE CATHEDRAL MARKET STREET PLACE HOSPITAL SHARD BRIDGE 66-70 BOROUGH 4 5 66-70 BOROUGH HIGH STREET 66-70 BOROUGH HIGH STREET 1 Old Union Arches Location 2 St Paul’s Cathedral 3 Flat Iron Square 4 Borough Market 5 Padella 1 SOUTH BANK IS ONE OF LONDON’S MOST VIBRANT DISTRICTS, RENOWNED AS A CULTURAL HUB AND THRIVING 2 COMMERCIAL CENTRE. The area is celebrated for its world-class attractions including Tate Modern, London Eye, National Theatre and Shakespeare’s Globe as well as its retail, leisure and F&B provisions. South Bank has undergone significant regeneration over the past decade, driven by a number of key developments which have contributed to the transformation of the area, including Sea Containers House, South Bank Central and 240 Blackfriars. There are several notable schemes in the pipeline including the delivery of Bankside Quarter, a new development comprising two adjoining sites which has obtained full planning for two mixed-use towers. CIT’s redevelopment of Colechurch House, near BOROUGH MARKET London Bridge Station, is currently under 3 4 consultation for the regeneration and Dating back to 1276, Borough Market is repositioning of the existing landmark site. London’s oldest food market and one of 5 the capital’s most popular tourist In recent years, South Bank has evolved into The subject property is situated along the western destinations, attracting 4.5 million visitors side of Borough High Street, just south of its one of the most competitive office locations for each year. technology, media and telecommunication junction with Southwark Street and north of its companies. The commercial hotspot appeals to a junction with Union Street. Trading at its current location since 1756, diverse mix of creative occupiers, attracting best the site is best known for its wholesale The property is located in the Bankside district of in class tenants including IBM, ITV, Omnicon and and retail market, which over the years Southwark, a dynamic location steeped in history, global media and advertising group WPP. has become one of the most competitive heritage and culture. Borough is home to a mix of spaces for food and beverage occupiers. commercial occupiers and benefits from an abundance of amenities including the popular Borough Market offers a variety of British and International produce reflective of Borough Market, which is situated moments from London’s global heritage, mixing the building, Flat Iron Square which is located traditional alongside exciting new food 300m to the west and the banks of the River and drink vendors and concepts. Thames which lie 300m north of the site. 6 7 S ANGELANGEL HE E PH KINGS CROSS U E N R E T D V E A E E S R Y S D T R S T R E E T E O S W L D B A O A H E R L G ST PANCRANCRAASS S K I T O S H R A E H C T I D E R O H S C IT Y R OA D B AT H S T R EET T EE T R F S L G A VA R I O R P E RC I N T S S W G E R N D K IN E O S N L L R O G R A D O R A A OLD STREET Y D ’ S I N T E E T N N A R D S T R E L E O E R R O S A T T ST T D E E E R E T S L RE L D J O O AC D H N S T A L B N R U O U R BE A N A P H Y T S T T I I L R G L C E O SHOREDIT CH E R S T O A D W GR O R W HIGH STREET L L E E W L E N R K E C L E L A T R E O A A S D T E R D A O N R ’ S D A L B ST O E H T R E G E A T R L A Lorem ipsum D Y E ’ E S R T S A I C H N G I F SW E G L L A A S N T R R EE T R T O R R E O O I N S A M FARRINGDON T D G BARBICAN R D E O E N T R O A D E T A G K S S R A P M LIVERPOOL S O I E V H B MOORGATE S STREET I B F A R R I L N L G WA D N O O D N T N O E L E S R T T R S E H E C T R ALDGATE U H ST PAUL’S C E C C I T Y T H A M E S L I N K CHE A APSIDE R G L O N D O N W L A L M A N S I O N H O US E BLACKFRIARS 66-70TEMPLE BOROUGH HIGH STREET 66-70 BOROUGH HIGH STREET K M E N T B A N R I A E M O I C T V U B C ANNON STREET P P L E R T A H GE A M C E S E D BANK/ MONUMENT S K T R E G E F T D R 10 MINUTES WALK I I R A B R E S R G E B D W I RIVER THAMES R E L D I R O M I T H F S I L O T E A S T WA B D W E R T H G A K M E TERL S S S E R T E R E E I T R MILLENNIUM BRI A O N I M W OO H T B R I D U GE 6 O D S I GE R BLACKFRIARS 2 B N 1 15 MINUTES WALK 2 DO N 5 O L 3 2 B L 9 A 4 C K D 4 F R T 7 O OA I O A 5 L R REET E R Y E ST S Lorem ipsum S 1 T R G E E R 7 T ID O R A M F O R D AD ST S O 8 B U T H W R A R 6 K S E T R E E 13 T 12 8 W 19 LONDON O 6 T 5 3 BRIDGE T 1 15 E E R 10 3 MINUTES WALK B WATERLOO EAST T S E 3 R H S T M T G I HO E T O U N I O N S T R E H M SOUTHWARK 9 A ND S H 20 ST 18 G 66-70 SE 12 MINUTES WALK 17 R 16 U EE O 8 T Y R S O WATERLOO T T B R G 4 E D 21 MINUTES WALK A 14 ET R T H E C U O E R A E 9 T G D S I U R F B 9 F K O R L K A S W 10 T 10 H R T E 7 E U T O 11 S BOROUGH 5 MINUTES WALK J A M A I C A R LO O N A G D L A N E London Bridge Underground Station is located less ROTHERHITHE Connectivity than 175 metres from 66-70 Borough High Street. Local Occupiers London Bridge Station is one of Europe’s busiest transport hubs and operates Jubilee and Northern THE SITE BENEFITS FROM EXCELLENT Underground services as well as Southern, INSURANCE/ FINANCIAL/ MEDIA/ TECHNOLOGY/ AMENITY PROFESSIONAL EDUCATION TRANSPORT COMMUNICATIONS, Thameslink and Southeastern Overground routes. In addition, Southwark (Jubilee & DLR), Waterloo and 1 TP Bennett 1 IBM 1 Borough Market 11 Fashion & Textile Museum BERMONDSEY LOCATED ALONG BOROUGH HIGH G R Waterloo East (Overground) Stations are located E 2 WeWork 2 WPPA 2 Borough Yards 12 Duddells STREET, A MAJOR THROUGH ROAD T within close proximity to the property providing D 3 Transport for London 3 UBMO 3 Flat Iron Square 13 Katzenjammers THAT RUNS SOUTH WEST FROM V exceptional connectivity throughout London.