Auction House London

Lot 69A

Light Industrial - Commercial Property 

107-109 Ormside Street

Southwark, London, SE15 1TF

Sold for £902,000

A Substantial End of Terrace Brick Built Industrial/Workshop Unit Subject to an FRI Lease Producing £40,000 per annum


The property comprises an end of terrace industrial/warehouse unit measuring approximately 551 sq m (5,930 sq ft) arranged over ground and first floors. The property benefits from a roller shutter door as well as a separate personnel door.




The property is situated on a mixed use road that comprises numerous industrial units a 250 meters from the Old Kent Road (A2). Millwall FC is just 300 meters away. Transport links are provided by South Bermondsey rail station.


Ground Floor
Warehouse (left hand side) - 123.7 sq m
Workshop Areas Inc staff WCs - 353.38 sq m

First Floor
Mezzanine - 16.31 sq m
Workshop Areas - 57.46 sq m

Total GIA: 550.85 sq m (5,929 sq ft)


The property benefits from un-restricted road parking directly outside the property.


The property is subject to an FRI lease for a term of 5 years commencing 8th December 2018 at a rent of £40,000 per annum. Upward only rent review December 2021.

Current Rent Reserved

Current Rent Reserved £40,000 per annum

Additional Fees and Disclaimer

Administration charge: £1,500 including VAT unless otherwise stated in the addendum.

Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.

Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve ( a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Particulars including images and video tours on the website and within the catalogue are believed to be correct but their accuracy is not guaranteed. The auctioneers will always endeavour to inform prospective purchasers of variations to the catalogue, when such changes are brought to their attention. The auctioneers nor their clients can be held responsible for any losses, damages, or abortive costs incurred in respect of lots that are withdrawn or sold prior to auction. Viewings are carried out by third party agents and we will endeavour to give appropriate notice should the published viewing time change. Auction House London will not be liable for any costs or losses incurred due to viewing cancellations or no shows. Information relating to Rating matters has been obtained by verbal enquiry only. Prospective purchasers are advised to make their own enquiries of the appropriate authorities. Prospective purchasers are deemed to verify for themselves whether tenanted properties are occupied and rents are being paid. All measurements, areas and distances are approximate only. Potential buyers are advised to check them. No representation or warranty is made in respect to the structure of any properties nor in relation to their state of repair. Prospective buyers should arrange for a survey of the particular lot by a professionally qualified person.

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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at

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