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Street View of the street at 89 Spa Road, Bermondsey, London SE16 3QTStreet View
Livestream auction

Commercial Property, Southwark, SE16

89 Spa Road, Bermondsey, London SE16 3QT

A commercial property in Bermondsey (SE16), leasehold. Savills Auctions is selling it at auction on Wednesday 21 October, with a guide of £800,000. The stated rent is £55,000 a year, about 6.9% gross on the guide.

Written by Lotwick from the key facts. For the full particulars, see Savills Auctions's lot page.

From the auctioneer's description:Stated rent £55,000 a year · 6.9% gross on the guide
Auction in 6 days
Guide price
£800,000
05days
20hrs
45mins
12secs
Wed 21 Oct · 09:00Add to calendar

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Status verified with Savills Auctions 3 hours ago

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Location

Open in Maps

Southwark, SE16. Indicative location. Sources

Estimated cost to winPrice, fees and Stamp duty (non-residential)£831,600See breakdown
  • Price£800,000
  • Buyer's / admin fee£2,100
  • Stamp duty (non-residential) estimate£29,500
  • Legal pack and searches£0
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Savills Auctions's usual buyer's fees (£2,100 inc VAT (£250 under £30,000)). Check the lot's legal pack. Estimate only. How fees work

Key facts

Type
Commercial Property
Bedrooms
Not published
Tenure
Long Leasehold
Council tax band
See legal pack
Auction
Wednesday, 21 October 2026 at 09:00
Lot number
305
Auctioneer
Savills Auctions
Postcode
SE16 3QT

Listed by Savills Auctions · Lot 305 · Checked 15 Oct, 09:02

Sale history

No past sales found for this exact address. It may not have sold since 1995, or be listed under a different name.

Recent sales in SE16 3QT

  • Flat 10 Pullman Building, 88 Spa Road · Flat · Apr 2026£465,000
  • Flat 12 Pullman Building, 88 Spa Road · Flat · Dec 2025£510,000
  • Flat 19 Pullman Building, 88 Spa Road · Flat · Aug 2023£550,000
  • Flat 21 Pullman Building, 88 Spa Road · Flat · Aug 2023£580,000
  • Flat 24 Pullman Building, 88 Spa Road · Flat · Aug 2022£555,000
  • Flat 1 Pullman Building, 88 Spa Road · Flat · Apr 2022£570,000

Contains HM Land Registry data © Crown copyright and database right. Licensed under the Open Government Licence v3.0. England and Wales only.

Around here

Photos taken nearby by Geograph contributors. They show the area, not necessarily this property.

New apartments, Enid St
New apartments, Enid St · about 50 m away
© N Chadwick, CC BY-SA 2.0
Flats, Bermondsey
Flats, Bermondsey · about 50 m away
© N Chadwick, CC BY-SA 2.0
Marine Street railway bridge
Marine Street railway bridge · about 60 m away
© Stephen Craven, CC BY-SA 2.0
Neckinger Estate TRA hall
Neckinger Estate TRA hall · about 80 m away
© Stephen Craven, CC BY-SA 2.0

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2-minute explainer: Guide price vs reserve priceRead before you bid