Savills | 6 Avonmouth Street, London SE1 6NX | Property for sale
Price on application

6 Avonmouth StreetLondon SE1 6NX

  • Under offer

Key features

  • Existing 0.29acre corner site located within Elephant & Castle Regeneration zone
  • Comprises an existing 17,009 sq ft GIA two storey building
  • Redevelopment potential for alternative uses subject to planning permission
  • 450m north of Elephant & Castle underground & 500m south of Borough underground
  • For sale freehold
  • Offers invited on both an unconditional and a subject to planning basis

Exciting development opportunity between Elephant & Castle and Borough

About this property

  • The site is largely rectangular in shape with a dog leg that extends on the north west boundary. The site extends to approximately 0.29 acres and is occupied by a 1,580 sq m (17,009 sq ft) GIA existing building. The main active frontage and access to the site is via Avonmouth Street accessed off Newington Causeway. The site currently comprises a two storey building, which is in use as a managed business space venue used for meeting and conference purposes. There is an area of hardstanding to the north of the site with 4 parking spaces and the site is accessed via a dropped curb from Avonmouth Street.

Local information

  • The Site is located on the southern side of Avonmouth Street, to the south east of Newington Causeway. Elephant & Castle is located to the south, Borough & London Bridge to the north, the green space of Newington Gardens to the east and Waterloo to the west.
  • • The site is located to the north of Elephant & Castle centre, an area undergoing a significant regeneration programme, with £3billion of investment over the next 15 years.
  • • This includes 5,000 new and replacement homes in Elephant Park, 450,000 sq ft of retail space through redevelopment of the Shopping Centre by Delancey & a new 2 acre park.
  • • A number of significant high rise schemes have been delivered close to the site including: 251 Southwark Bridge Road (40 storeys) & The Kite (25 storeys)
  • The site offers excellent amenities nearby including; The Artworks pop up food market and Mercato Metropolitano offering a 45,000 sq ft indoor food market. A number of further retailers and restaurants are situated in close proximity at both Borough & Bermondsey Street, with more extensive retail and leisure amenities are located in Waterloo and London Bridge. These include IMAX cinema, National Theatre, Shakespeare’s Globe, Borough Market and Royal Festival Hall.
  • The site is incredibly well connected to public transport with a PTAL rating of 6b (excellent) and within travel zone 1. The site is bound to the south on Tiverton Street by Telford House a 4 storey residential housing block, to the east by the green space of Newington Gardens, to the north by Inner Crown Court and to the west by 4 storey existing residential and commercial blocks fronting Newington Causeway with tenants including the Job Centre and Southwark Playhouse.