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41A Maltby St - Ropeworks
14,022 SF Office Unit Offered at £5,230,000 in London SE1 3PA
Investment Highlights
- Purchase the ground and first floors of a newly constructed, high-specification mixed-use development in the heart of London Bridge.
- Ground floor comprises 7,011 square foot has been fully leased at £204,300 per annum up until 2027 with a tenant break in 2026.
- Unlock access to the Northern and Jubilee Lines and National Rail Network from London Bridge Station, with Bermondsey Station also nearby.
- Ground and first floor are offered for sale as a whole for £5.23 million, with consideration given to the purchase of the first floor separately.
- First floor is currently vacant and advertised for lease, comprising 7,011 square foot with annual rent estimates of up to £210,000.
- Nestled amongst the vibrant amenities of Bermondsey Street and London Bridge with Maltby Street Market, an iconic street-food market on the doorstep.
Executive Summary
Purchase the ground and first floors of a newly constructed, high-specification mixed-use development on Maltby Street in the heart of London Bridge. Ropewalks occupies a prominent location a short walk from London's landmarks, including The Shard, HMS Belfast, Tower Bridge, St. Katherine's Docks, and Shad Thames, alongside the major railway and Underground station at London Bridge, offering excellent value for money in terms of location. This cost-effective choice enjoys excellent connections to the City of London with numerous bus routes servicing the area and quick and convenient access to the Underground and National Rail networks from London Bridge (10 minutes away) and Bermondsey (12 minutes away) stations.
Property Facts
| Price | £5,230,000 | Sale Type | Investment |
| Unit Size | 14,022 SF | Building Class | B |
| No. Units | 1 | Number of Floors | 6 |
| Total Building Size | 14,022 SF | Typical Floor Size | 7,011 SF |
| Property Type | Office (Unit) | Year Built | 2011 |
| Property Subtype | Office/Residential | Lot Size | 11.50 AC |
| Price | £5,230,000 |
| Unit Size | 14,022 SF |
| No. Units | 1 |
| Total Building Size | 14,022 SF |
| Property Type | Office (Unit) |
| Property Subtype | Office/Residential |
| Sale Type | Investment |
| Building Class | B |
| Number of Floors | 6 |
| Typical Floor Size | 7,011 SF |
| Year Built | 2011 |
| Lot Size | 11.50 AC |
1 Unit Available
Unit 41A
| Unit Size | 14,022 SF | Unit Use | Office |
| Price | £5,230,000 | Sale Type | Investment |
| Price Per SF | £372.99 | Tenure | Long Leasehold |
| Unit Size | 14,022 SF |
| Price | £5,230,000 |
| Price Per SF | £372.99 |
| Unit Use | Office |
| Sale Type | Investment |
| Tenure | Long Leasehold |
Description
Two self-contained offices set on the ground and first floors of Ropeworks, comprising 14,022 square feet of newly refurbished open-plan media-style space in a recently built mixed-use building. The ground floor comprises 7,011-square-foot is fully leased at £204,300 per annum up until 2027 with a tenant break in 2026. The first floor is vacant at 7,011-square-foot and is currently advertised for lease with an estimated rent of £210,000 per annum.
Sale Notes
Please contact the agents for more information.
About Southbank East
London’s Southbank has risen in status as an office destination over the past decade. Its riverside location and proximity to both the West End and the City of London has always made it attractive, but prominent developments such as the Shard Quarter, More London and Bankside Yards have broadened its appeal to companies of all sizes and industry types. Notable office occupiers in the vicinity include EY, News Corp UK, PwC, Omnicom and CoStar Group.
Cultural amenities are plentiful and add to the area’s appeal. The Tate Modern, Shakespeare's Globe Theatre and Borough Market are all located in the neighbourhood. The area has also benefitted from a range of transport improvements in recent years. Redevelopments of the London Bridge and Waterloo stations have made the area more accessible to commuters across the south of England, while Thameslink services have provided fast links to Gatwick Airport and northern home counties. Several tube stations are also located in the area.
Southbank’s success in recent years is evidenced by outsized demand and rent growth compared to the London average. Prices have also appreciated, though buyers can still expect to receive a discount here relative to central locations across the river.
DEMOGRAPHICS
Demographics
Amenities
- Raised Floor
- Signage
- DDA Compliant
- Lift Access
- Open-Plan
- Air Conditioning
- Balcony
Nearby Amenities
Restaurants |
|||
|---|---|---|---|
| Ops Wines | - | - | 3 min walk |
| Papa John's | - | - | 3 min walk |
| The King’s Arms | - | - | 4 min walk |
| L'emporio Ltd | Deli | £ | 4 min walk |
| Shaman Bermondsey | Cafe | £ | 5 min walk |
| Thames Take Away | Fast Food | £££ | 5 min walk |
| Cat & Cucumber | Cafe | £ | 5 min walk |
| Franco Manca | Pizza | £ | 6 min walk |
| Chipotle | - | - | 6 min walk |
| José | - | - | 6 min walk |
Retail |
||
|---|---|---|
| Nisa | Supermarket | 3 min walk |
| The Co-operative Food | Supermarket | 3 min walk |
| Xerox Corporation | Office Supply | 3 min walk |
| The Co-operative Food | Supermarket | 5 min walk |
| Londis | Supermarket | 5 min walk |
| Bensons For Beds | Furniture/Mattress | 6 min walk |
| Sainsbury's | Supermarket | 6 min walk |
| Sainsbury's | Supermarket | 7 min walk |
| Aveda | Health & Beauty Aids | 7 min walk |
| Sainsbury's | Supermarket | 7 min walk |
Hotels |
|
|---|---|
| Clarendon Serviced Apartments |
2 rooms
1 min walk
|
| Bridgestreet Accommodations [inactive] |
18 rooms
1 min walk
|
| Travelodge, UK |
73 rooms
1 min walk
|
| Locke |
143 rooms
5 min walk
|
| Premier Inn |
196 rooms
4 min walk
|
| Autograph Collection |
193 rooms
5 min walk
|
| Residence Inn |
101 rooms
8 min walk
|
Sale Advisors
Sale Advisors
Adrian Gurney,
Director/Office Department
-
Adrian Gurney
-
Nigel Gouldsmith
-
Kalmars
Presented by
Company Not Provided
41A Maltby St - Ropeworks
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