Retail Space FOR RENT in City of London, Greater London

Property Description

SU59 St Thomas Street | London Bridge Station | Casual Dining Opportunity
Unit 59 is ideally located on St Thomas Street, adjacent to the iconic London Bridge station, just a short distance from the vibrant Bermondsey Street quarter. This location offers a perfect blend of lively bars, restaurants, and shops, ensuring a steady flow of foot traffic from both commuters and locals.
The unit is a prime opportunity for a bar or restaurant operator looking for a turnkey operation. The space comes fully fitted with a high-quality fitout by the previous tenant, including a fully operational kitchen and WC facilities, making it ready for immediate occupation. With a vibrant setting and high visibility, this space offers great potential for any food and beverage operator.
Floor area: 1,350 sq ft
Handover condition: Turnkey as seen
Rent: Negotiable
Available from: May 2025
Lease length: 6 years (outside of the landlord and tenant act)
Category: Food and Beverage
Rent and Lease Terms
Rent terms: Base rent or an agreed percentage of gross turnover, whichever is higher. Rent will be net of VAT and exclusive of rates.
Service charge: Years 1-3 £15.00 per sq ft, Years 4-6 £17.00 per sq ft
Length of lease: 6-9 years
Connectivity and Technology
WiFi: Tenant to install
Telecoms: Local BT Openreach distribution point for installation by the tenant
Utilities and Infrastructure Specifications
Gas: 50mm diameter, 30m3
Drainage: 28mm potable water supply; 100mm drainage
Power level: 125 AMP frame with a maximum power demand of 53kW
Regulatory and Legal Information
Legal costs: Each party to bear their own legal costs
LLC fees: £4,000
For further details or to arrange a viewing, please contact Fraser Bond.