OFFICE SPACE / ENGLAND
Office space in Southwark
Where the offices are in Southwark, which areas cost less, and what business rates would be, from the Valuation Office's official figures. These count offices, occupied or empty; they are not listings.
- OFFICES (2026)
- About 4,920
- SERVICED OFFICES (2026)
- About 1,860
- RATEABLE VALUE PER M² (2025)
- £391
- AREAS
- 34
Where the offices are
The areas of Southwark with the most office premises: the most choice.
| Area | Offices (2026) | Office floorspace | Rateable value per m² |
|---|---|---|---|
| Borough & Southwark Street | 2,180 | 545,000 m² | £335about the Southwark average |
| Bermondsey North | 550 | 63,000 m² | £310about 9% below the Southwark average |
| Southwark St George's | 440 | 116,000 m² | £356about 5% above the Southwark average |
| Butler's Wharf and Queen's Walk | 430 | 238,000 m² | £375about 10% above the Southwark average |
| London Bridge & Bermondsey West | 280 | 146,000 m² | £435about 28% above the Southwark average |
| South Bermondsey East | 160 | 1,000 m² | £170about 50% below the Southwark average |
| Peckham Park Road | 130 | 6,000 m² | £143about 58% below the Southwark average |
| Canada Water | 90 | 8,000 m² | £201about 41% below the Southwark average |
| Camberwell Green | 80 | 8,000 m² | £137about 60% below the Southwark average |
| Burgess Park West & John Ruskin Street | 70 | 7,000 m² | £126about 63% below the Southwark average |
| Walworth North | 70 | 6,000 m² | £171about 50% below the Southwark average |
| Peckham Rye | 60 | 7,000 m² | £145about 57% below the Southwark average |
| Elephant & Castle | 50 | 20,000 m² | £287about 16% below the Southwark average |
| Camberwell South | 40 | 6,000 m² | £186about 45% below the Southwark average |
| Newington, Kennington East & Walworth West | 40 | 8,000 m² | £180about 47% below the Southwark average |
Lower-cost office areas
Areas with at least 50 offices and a rateable value per m² at least 15% below the Southwark average.
| Area | Offices (2026) | Office floorspace | Rateable value per m² |
|---|---|---|---|
| South Bermondsey East | 160 | 1,000 m² | £170about 50% below the Southwark average |
| Peckham Park Road | 130 | 6,000 m² | £143about 58% below the Southwark average |
| Canada Water | 90 | 8,000 m² | £201about 41% below the Southwark average |
| Camberwell Green | 80 | 8,000 m² | £137about 60% below the Southwark average |
| Burgess Park West & John Ruskin Street | 70 | 7,000 m² | £126about 63% below the Southwark average |
| Walworth North | 70 | 6,000 m² | £171about 50% below the Southwark average |
Business rates
What would the business rates be?
A year's bill in England, 2026 to 2027, before any relief other than small business rate relief.
About £19,332 a year.
A rateable value of about £44,750 (the Southwark average for offices, raised by the average 2026 revaluation rise), times the small business multiplier of 43.2p.
A guide only: the council sends the bill, and transitional relief, other reliefs and the actual valuation change it. Find a property's rateable value with Find a business rates valuation. Sources: gov.uk, gov.uk.
Where to find premises for sale or to let
- Find a business rates valuation
Rateable values of offices in a council: choose Advanced, special category 203.
- Government Property Finder
Public-sector buildings and land for sale or to let.
- Rightmove Commercial
Offices from agents, for sale and to let.
- LoopNet UK
Offices from agents, for sale and to let.
Looking near a particular street? Search by postcode.
Other councils in England with many offices
About these figures
- Office premises are the rated offices the Valuation Office counts, occupied or empty, on 31 March 2026: how much office space an area has, not what is on the market today. Counts are rounded to the nearest 10, and small numbers are not published.
- Rateable value is the Valuation Office's estimate of a year's open-market rent on a past valuation date, not an asking price or rent, and leaves out service charges and VAT. The area figures are for 2023; use them to compare areas, not to budget.
- Areas are ONS middle-layer super output areas, of about 7,000 residents each.
Contains public sector information licensed under the Open Government Licence v3.0 (Valuation Office, HMRC). Source: Office for National Statistics, licensed under the Open Government Licence v3.0; contains OS data © Crown copyright and database right 2026, and Royal Mail data © Royal Mail copyright and database right 2026. Area names: House of Commons Library, Open Parliament Licence.