Retail Space FOR RENT in The Hop Exchange,

Property Description

24 Southwark Street – The Hop Exchange, Southbank East, London SE1
The Hop Exchange is a prestigious 4-star office and retail building prominently located in London’s Southbank East submarket. Occupying a prime position at the gateway to Borough Market, the property provides exceptional access to London Bridge Station and the newly developed Borough Yards, offering a vibrant mix of dining, shopping, and leisure amenities. Originally built in 1867 and sensitively renovated in 1987, the building combines historic Victorian architecture with modern office and retail facilities. The Hop Exchange provides flexible, high-quality office space with air conditioning, open-plan layouts, partitioned offices, and modern building amenities, making it suitable for professional occupiers seeking a central London location.
Property Details
Location: 24 Southwark Street, Southbank East, London SE1, Greater London, United Kingdom
Submarket: Southbank East, London Southbank
Location Type: CBD
Building Type: 4 Star Office / Retail
Year Built / Renovated: 1867 / 1987
NIA: 51,783 sq ft
Floors: 5
Typical Floor: 8,411 sq ft
Lot Size: 0.56 acres (24,394 sq ft)
Plot Ratio: 2.12
Tenancy: Multi
% Leased: 59.4%
Available Space
Office: 4,488 sq ft
3rd Floor: 750 – 3,738 sq ft
Rent: £70.00 per sq ft, Fully Repairing and Insuring
Retail: 16,557 sq ft
Lower Level / Entrance Level: 4,607 – 11,950 sq ft
Rent: £230,000 – £350,000 per annum, Fully Repairing and Insuring
Building Amenities
Air conditioning
Open-plan and partitioned offices
Bicycle storage
WC facilities and showers
Reception and concierge
Lift access
Controlled access and security system
DDA compliant
Natural light and recessed lighting
Restaurant facilities on-site
Transport Links
London Bridge Station: Immediate access
London City Airport: 24 min drive / 7.7 mi
London Heathrow Airport: 45 min drive / 19.7 mi
London Gatwick Airport: 63 min drive / 31.3 mi
Leasing Highlights
Prime Southbank location adjacent to Borough Market
Excellent surrounding amenities including restaurants, cafes, boutique shops, bars, and Everyman cinema
Direct access to London Bridge Station and the £1bn redevelopment zone
Flexible office and retail space suitable for a range of professional and commercial occupiers
About the Owner
Peer Group plc – A privately owned UK property company founded in 1976, Peer Group specialises in the acquisition, development, and management of commercial and residential real estate. The firm actively manages office, retail, industrial, and residential assets and is known for its restoration of historic buildings, including The Hop Exchange. Guided by a formal ESG policy, Peer Group focuses on selective acquisitions, active management, and long-term value creation.
For further details or to make a booking, please contact Fraser Bond.