Development Opportunity sold, Southwark

M & H were instructed by Bankside Securities to sell their freehold interest in 81 Southwark Street, SE1, as a refurbishment or development opportunity.

The current building was built in the 1960s and is arranged over basement, ground and five upper floors, having a net internal floor area of 7,349 sq ft (with a gross internal floor area of 10,189 sq ft). It is well located in the heart of Southwark in the vibrant Bankside area.

Following an extensive marketing campaign, the freehold was successfully sold to a private investor for £5,560,000 in December 2016.