Virtual Freehold Education Investment

What it costs to own

The price is only part of it. Every auction house adds a buyer's fee, and you pay stamp duty and a solicitor. Net yield is the rent over all of it.

What it's likely to sell for

From what comparable lots actually sold for against their guide, in Cornerlot's results.

Energy rating

Savills hasn't published a rating for this lot. Ask for the certificate or check the legal pack: in England and Wales, a commercial property rated F or G can't be let without a registered exemption.

How it compares

History

• First listed on Cornerlot 11 Oct 2026.
• Listed before with Savills for 30 Sept 2026: Withdrawn, guide £800,000. See that listing

Savills' record

About the lot

Leasehold commercial lot in London. Producing £55,000 a year, a 6.9% gross yield at the guide.

Virtual Freehold London Education Investment in the Heart of Bermondsey Let at £55,000 per Annum. Virtual Freehold Education Investment. Well located in the heart of Bermondsey. Let on a lease expiring 2032. Rent Review 2029. VAT is applicable (TOGC intended). Investment let at £55,000 p.a. (6.9% GIY on Guide Price). The property is arranged over ground floor only to provide a nursery over ground floor. Tenancy: Let to Strong Tower Education Limited on an internal repairing and insuring(IR&I) lease for a term of 7 years from July 2025 at £55,000 per annum. The lease provides for a rent review at the 4th anniversary. Tenure: Long Leasehold. Held on a lease for a term of 999 years at a peppercorn ground rent. The property is situated on Spa Road in the heart of Bermondsey, a highly sought-after and vibrant South East London district. Bermondsey has undergone extensive regeneration and is now recognised as one of London’s most established mixed-use neighbourhoods, combining residential, office, retail and leisure accommodation. The area benefits from a wide range of amenities including Bermondsey Street, Maltby Street Market, Shad Thames and Tower Bridge, all of which are within easy reach. The property is conveniently located approximately 0.3 miles from Bermondsey Underground Station (Jubilee Line), providing direct services to London Bridge, Canary Wharf and the West End.