LSH has advised Clearbell Capital and Deva on the acquisition of a 38,429 sq ft industrial asset in Bermondsey, London, for £11.9 million. The transaction completed through a simultaneous exchange and completion.

The property is fully let to FedEx until March 2026. The Zone 2 asset’s central location provides excellent connectivity, and its three-bay warehouse featuring offices and a large self-contained yard with HGV access represents a rarity for a central London location. The asset will undergo a comprehensive refurbishment targeting an EPC A rating.

Jonathan Scott, Capital Markets Director at LSH, commented:
“We are delighted to have advised Clearbell Capital on the acquisition of this prime industrial opportunity, strategically located in Bermondsey.”

Rob Cole, Investment Director at Clearbell Capital said:

“We’re delighted to complete this Bermondsey acquisition. It is a rarity for us to purchase a warehouse in zone 2, making it a strong addition to our portfolio.”

This acquisition underlines LSH’s commitment to unlocking strategic opportunities in key London locations, whilst drawing on our valuable market insight and transactional expertise to deliver exceptional results for clients. Please contact Jonathan Scott or Olivia Belbin for further information.