Updated October 2026 · Fraser Bond
Commercial · Southwark SE1 · SE15 · SE16 · SE17
Renting commercial property in Southwark, from London Bridge to Peckham
Where to look in Southwark
Served by London Bridge (Northern and Jubilee lines, Thameslink and Southern) and Borough. Around The Shard, Guy's Hospital and Borough Market, demand comes from office workers, medical staff and visitors. Expect competition for ground-floor units near the market and high footfall on Borough High Street.
Near Tate Modern, Shakespeare's Globe and Southwark station (Jubilee line). A mix of modern offices, converted warehouses and ground-floor food and drink units serving a large daytime workforce and weekend visitors.
Bermondsey Street and the streets around Bermondsey station (Jubilee line) are known for design studios, galleries, restaurants and railway-arch workshops. Good for creative and food businesses that want character space.
Major regeneration has brought new homes, offices and shops around the Northern and Bakerloo lines and Thameslink. New-build units can come with shell-and-core specs and incentives for early occupiers.
Rye Lane and Camberwell Church Street have busy independent retail and nightlife scenes. Rents are typically lower than in SE1, and units often suit cafés, salons, studios and convenience retail.
What will it really cost?
The quoted rent is only part of the bill. Use the calculator to estimate your total yearly occupancy cost. Enter your own figures from the particulars and the business rates valuation.
Example figures only. Check the rateable value on the VOA website and the current multiplier on GOV.UK, and ask whether small business or retail reliefs apply. VAT may also be charged on rent and service charge.
Lease terms to understand
| Term | What it means | What to check |
|---|---|---|
| Lease length | How long you commit for. | Shorter leases give flexibility; longer leases can win more rent-free. |
| Break clause | Your right to end early. | Conditions, such as clear rent arrears or full repair, can stop a break working. |
| Repairing terms | FRI means you cover repair and insurance costs. | Take a schedule of condition with photos before you move in. |
| Rent review | How and when rent can change. | Open-market, fixed or index-linked. Look for caps and collars. |
| 1954 Act | Whether you get a right to renew. | Many leases are "contracted out". Know what that means before signing. |
| Rent deposit | Security held by the landlord. | Often several months' rent for new businesses. Agree when it is returned. |
| Alterations and use | What you can change and trade as. | Make sure the permitted use matches your business. |
Common commercial lease terms
How renting a commercial unit works
Own commercial property in Southwark?
- Free rental valuation for shops, offices and arches
- Tenant finding with covenant checks and references
- Rent collection, service charge and lease management
- Help with voids, refurbishment and re-letting
Frequently asked questions
What use class do I need for a shop or café in Southwark?
Most shops, cafés, restaurants, offices, gyms and clinics fall within Use Class E, so you can usually switch between them without planning permission. Pubs, bars and hot food takeaways are "sui generis" and need specific permission. Always check the lawful use before you sign.
Do I need a licence to sell alcohol?
Yes. You need a premises licence from Southwark Council, and a personal licence holder to authorise sales. Allow several weeks for an application.
How long are commercial leases in Southwark?
It varies. Small units are often let for three to five years, with longer terms on larger or newly fitted-out space. Flexible and serviced options are available for shorter commitments.
Can Fraser Bond help me negotiate?
Yes. We help with search, viewings and heads of terms, and work alongside your solicitor through to completion.
Can you let and manage my commercial unit?
Yes. We market vacant units, vet tenants and can manage rent collection and the lease for you.
Looking for space in Southwark?
Tell us your requirements and we'll send you suitable units, including off-market opportunities.
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