Tabard Street, London, SE1

OVERVIEW

For sale on behalf of receivers.

The property is a freehold ground floor and basement retail unit located in Borough, SE1. The unit comprises retail, kitchen and storage space plus customer bathrooms on the ground floor as well as basement storage space.

The unit is located on Tabard Street which is in a close proximity to Borough High Street and Borough Underground Station.

The property and site are suitable for a variety of uses, subject to obtaining correct planning consent.

The freehold interest is to be sold. We understand there is a tenant in situ, however, we have not seen sight of the lease. RPRS have only externally inspected the property. The purchaser must satisfy themselves as to the nature, extent, and enforceability of this lease and should make their own investigations.



LOCATION

The property is situated at 25 Tabard Street in the heart of Borough, a vibrant and highly sought-after commercial location within the SE1 district. The area is renowned for its strong mix of independent operators, national occupiers and professional services, benefitting from consistently high levels of footfall driven by both local residents and a substantial working population.

Tabard Street is positioned just off Borough High Street and lies within close proximity to key destinations including Borough Market, London Bridge and The Shard. The surrounding area offers a dynamic blend of retail, leisure and office uses, making it particularly attractive for a wide range of commercial occupiers.

Transport connectivity is excellent, with London Bridge Station and Borough Underground Station both within easy walking distance, providing direct access across London and to key business districts including the City, Canary Wharf and the West End. The area is also well served by bus routes and benefits from convenient access to major road networks.

Overall, this location offers a prime central London trading position, combining strong visibility, high footfall and excellent accessibility.


NET INTERNAL AREA

Ground floor retail zone A: 13.22 m² / 142.3 ft²
Ground floor retail zone B: 9.57 m² / 103.0 ft²
Ground floor kitchen: 8.86 m² / 95.4 ft²
Ground floor internal storage: 4.43 m² / 47.7 ft²
Ground floor public toilets: 1.33 m² / 14.3 ft²
Basement floor internal storage: 56.75 m² / 610.7 ft²

Total - 94.16m2 / 1,013ft2

Measurements taken from the VOA. RPRS have not inspected the unit. Purchasers must make their own investigations.


SERVICES

We understand the property has mains electricity, gas, drainage and water. None of the appliances or supplies have been tested by RPRS and interested parties should make their own investigations.


RATEABLE VALUE

We understand the property has a rateable value of £11,250. Purchasers to make their own investigations through the Valuation Office Agency.


PLANNING

We understand the property has planning consent for Class E usages. Interested parties should make their own enquiries to satisfy themselves through Southwark Council.


TENANCY

We understand the unit is currently occupied by Simply Indian Restaurant Limited. RPRS has not received any information about the occupier, the rent or the lease terms. Interested parties should make their own investigations.



TENURE

Freehold - 25 Tabard Street, London SE1 4LA - Title number: SGL298780

We understand a ground rent is payable from 25A Tabard Street, London SE1 4LA - Title number: TGL157797. Rent: £50 rising to £200

Interested parties should make their own investigations.


EPC

No EPC provided by occupier. Interested parties should make their own investigations.


TENURE

Freehold


GUIDE PRICE
£125,000+


AUCTION TERMS
Interested parties are invited to submit bids in accordance with the RPRS Auction Terms and Conditions.

Bidding ends: 13.00, Tuesday 21 July 2026
Auction number: 111
Lot number: 117


BUYERS PREMIUM

2% (min. £3,000) plus VAT


VAT
VAT may be applicable to the purchase price. Purchasers to make their own enquiries.


LEGAL PACK
The legal pack is available in the data room. Details available through RPRS upon request.


b> AUCTIONEERS' NOTICE

The property is sold on an unconditional basis, sold as seen, and is subject to all conditions set out in the legal pack and the RPRS Auction Terms and Conditions. RPRS have not internally inspected the property and do not hold the lease.

Prospective purchasers must undertake their own investigations and due diligence prior to bidding.