Tesco is planning to open a Tesco Express store in Borough Road, close to the junction with Southwark Bridge Road.
The new eight-storey building includes 24 flats for private sale and 16 shared-ownership homes.
The new convenience store will be situated directly opposite the campus of London South Bank University. It will compete with the Costcutter store in Southwark Bridge Road which also houses the Borough Post Office.
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