£25,000 pa

Property to let

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Just added

£25,000 pa

(£10.87/sq. ft. pa)

Property to let

Chambers Wharf Vcs Unit, Chambers Street, London SE16

2,300 sq. ft

Local area information

Property location

Nearby amenities

  • St Michael's Catholic College 0 miles
  • St Joseph's Roman Catholic Primary School 0.2 miles
  • Bermondsey 0.3 miles
  • St Katharine's Pier 0.5 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Bermondsey, Wapping and Tower Bridge to find out more about the local area.

Features and description

This 200sqm ground floor unit has the height to accommodate a mezzanine. It is currently in shell and core condition and the incoming tenant will be responsible for the fit out. The uses permitted in the council's head lease are F1 and F2(b).

The council will grant an agreement for lease which will set out any condition precedents and long stop dates for pivotal actions based on the riba stage 0-7. If an organisation fails to meet the long stop dates, the council reserves the right to revert to the second highest scoring applicant.

-The council will grant a sub lease of between ten and twenty years subject to negotiation.
-The market rent of the unit has been valued at £25,000 rent per annum. The council will consider proposals at full rental value or a combined cash and social value offer equivalent to the full market value.
-Any social value element of the rent will be monitored and reviewed annually. If the tenant fails to deliver the social value element of the rent offer the rent will revert to the full market rent.
-If the defined service offer (social value) is not delivered or is no longer aligned to the council's priorities (at the time of review) the rent will revert to market rent .
-The tenant will be responsbile for meeting the Sommunity Use Principles within the S106 agreement.
-The tenant will be responsible for all outgoings associated with the unit including service charges.
-A rent free period will be considered in lieu of fit out.
-The tenant will be responsible for scoping, planning and delivering the fit out.
-A £300,000 contribution to fit out is available as set out above.

Located on the ground floor of Jacob's House this facility is part of the Chambers Wharf development. It's within 5 minutes wall of multiple bus routes/stops within 6 minutes' walk of Bermondsey Tube, and only 20 minutes' walk from London Bridge Station, Rotherhithe Tube station and Canada Water tube station.

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  1. Zoopla
  2. Commercial to let
  3. London
  4. South London
  5. Bermondsey
  6. East Lane