Property Summary
- Area Sq ft: 15,168 sq ft
Property Description
Southernwood Retail Park – 15,168 sq ft Unit To LetA generous 15,168 sq ft retail warehouse unit, designated as Unit 1, is currently available to let at Southernwood Retail Park, located on Old Kent Road, Southwark, SE1 5JJ. Situated within a substantial 42,600 sq ft retail scheme owned by DTZ Investors, the park includes prominent occupiers such as DFS, Argos and Sports Direct. The park benefits from exceptional road frontage along the busy A2 Old Kent Road and enjoys excellent daily visibility from a continuous flow of commuters and high foot traffic. Densely populated residential areas surround the scheme and a Tesco foodstore sits directly opposite, reinforcing local footfall and trade potential. The adjacent Cantium Retail Park, anchored by B&Q, alongside standalone operators including PC World and Toys R Us, contribute to a broader retail cluster effect that enhances consumer draw and retailer synergies.
Unit 1 is offered under Class E(a) consent, allowing flexible uses within the retail, leisure, health or café sectors. The available space is suited to mid‑box or anchor level retailers requiring prominent roadside exposure within a well‑established retail collection. Given its substantial size, the unit would also be appropriate for large-format operators or those seeking visibility to a large commuter and resident catchment.
Retail units on Old Kent Road and surrounding retail parks commonly secure rental values between £20 and £27 per sq ft per annum, depending on size and configuration. To illustrate, smaller units of 1,030 sq ft are marketed around £27 per sq ft, while larger units stand closer to £20 per sq ft
A 15,168 sq ft unit is available for £380,000 per annum.
This property presents a compelling opportunity for retailers or leisure occupiers aiming to secure large-format space within a highly visible and strategically located South London retail cluster. Its size, classified use, and immediate access to commuter and residential markets make it a valuable proposition for operators targeting significant regional footfall.
For further details, including lease terms, rental guidance, floor plans or to arrange a viewing, please contact Fraser Bond directly. Our team specialises in retail investment and leasing across London, offering tailored support to occupiers, investors and developers.
Contact Fraser Bond