Property photos
Just added
£350,000
(£525.53/sq. ft)
Retail premises for sale
Mitcham Road, London SW17666 sq. ft
Local area information
Property location
Nearby amenities
- Tooting Primary School 0.1 miles
- St Boniface RC Primary School 0.2 miles
- Tooting Broadway 0.2 miles
- Tooting 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Tooting Graveney, Tooting and Upper Tooting to find out more about the local area.
Features and description
- Pictures are for illustrations purposes only
Residenza are pleased to present this secure, income-producing commercial investment located in the heart of Tooting, SW17.
The property is let to an established franchise vape operator on a 15-year lease from 2022, generating a stable rental income of £25,000 per annum, reflecting an attractive gross yield of 7.14%.
Investment highlights:
Approx. 999-year long leasehold interest
Strong covenant with long-term lease security
Residential flats above held on separate long leases
Located on a busy and improving retail parade
Approx. 7-minute walk to Tooting Broadway Station
Close to national occupiers including Gail"s Bakery and Tesco
This represents an excellent long-term investment opportunity, offering secure income, strong yield, and future capital growth potential in a well-connected South West London location.
A buyers fee applies of two percent plus vat.
The property is let to an established franchise vape operator on a 15-year lease from 2022, generating a stable rental income of £25,000 per annum, reflecting an attractive gross yield of 7.14%.
Investment highlights:
Approx. 999-year long leasehold interest
Strong covenant with long-term lease security
Residential flats above held on separate long leases
Located on a busy and improving retail parade
Approx. 7-minute walk to Tooting Broadway Station
Close to national occupiers including Gail"s Bakery and Tesco
This represents an excellent long-term investment opportunity, offering secure income, strong yield, and future capital growth potential in a well-connected South West London location.
A buyers fee applies of two percent plus vat.
Floor plans and tours
Floor plans (1)
More information
Listed by
Residenza Properties Tooting Ltd
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Property descriptions and related information displayed on this page are marketing materials provided by - Residenza Properties Tooting Ltd. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Residenza Properties Tooting Ltd for full details and further information.