£550,000
Retail premises for sale
Property photos
£550,000
(£353.02/sq. ft)
Retail premises for sale
Rowan Road, London SW161,558 sq. ft
Local area information
Property location
Nearby amenities
- Granton Primary School 0.1 miles
- Woodmansterne School 0.2 miles
- Streatham Common 0.3 miles
- Mitcham Eastfields 0.8 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Streatham Vale, Streatham and Streatham Park to find out more about the local area.
Features and description
Residenza are proud to present this freehold investment opportunity located on the borders of Streatham and Mitcham, situated on Rowan Road, SW16.
The property comprises one large commercial shop currently split into two retail units, with three residential rooms, a bathroom, and a kitchen on the first floor. The property also offers future extension potential (subject to planning permission).
Tenancy Schedule
Residential:
Room 1: Tenancy commenced 05/06/2024; £10,200 per annum
Room 2: Tenancy commenced 19/09/2023; £8,400 per annum
Room 3: Vacant
Commercial:
19 Rowan Road: Lease commenced 08/05/2023 for a term of 7 years; £10,000 per annum
19A Rowan Road: Lease commenced 08/05/2023 for a term of 5 years; £7,000 per annum
Total Rental Income: £35,600 per annum (with one vacant room)
Gross Yield: 6.47%
This represents a strong mixed-use investment opportunity with immediate income and asset management potential in a well-established South London location.
To arrange a viewing or request further information, please contact our commercial sales team.
The property comprises one large commercial shop currently split into two retail units, with three residential rooms, a bathroom, and a kitchen on the first floor. The property also offers future extension potential (subject to planning permission).
Tenancy Schedule
Residential:
Room 1: Tenancy commenced 05/06/2024; £10,200 per annum
Room 2: Tenancy commenced 19/09/2023; £8,400 per annum
Room 3: Vacant
Commercial:
19 Rowan Road: Lease commenced 08/05/2023 for a term of 7 years; £10,000 per annum
19A Rowan Road: Lease commenced 08/05/2023 for a term of 5 years; £7,000 per annum
Total Rental Income: £35,600 per annum (with one vacant room)
Gross Yield: 6.47%
This represents a strong mixed-use investment opportunity with immediate income and asset management potential in a well-established South London location.
To arrange a viewing or request further information, please contact our commercial sales team.
Floor plans and tours
Floor plans (1)
More information
Listed by
Residenza Properties Tooting Ltd
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