Guide price
£895,000
Retail premises for saleMitcham Road, Tooting SW17
Just added
Available immediately
About this property
Crown Real Estate are delighted to present this rare opportunity to acquire a freehold mixed-use investment property.
The property comprises a ground floor lock-up shop currently fitted out and trading as a restaurant, together with a self-contained three-bedroom split-level flat arranged over the first and second floors
The entire building is let to a single occupier, who both operates the restaurant on the ground floor and resides in the upper flat, ensuring one point of management and responsibility. The tenant is paying a passing rent of £54,000 per annum, with the
lease expiring in 2026
Key Features
Location
This property occupies a prime position on the main road in Tooting Broadway, benefitting from excellent visibility and high footfall. It is located just a 2-minute walk from Tooting Broadway Underground Station (Northern Line), providing direct access into Central London and the City.
The area is a thriving commercial hub, home to a wide range of national and independent retailers. Major brands such as Primark, Boots, and tk Maxx are all located nearby, ensuring a strong level of pedestrian traffic throughout the day and evening. Tooting is also renowned for its vibrant restaurant and leisure scene, further supporting the long-term demand for both commercial and residential accommodation in this location.
Investment Highlights
This freehold property presents an exceptional opportunity to acquire a well-positioned, income-generating asset in one of South West London’s most vibrant and sought-after locations.
The property comprises a ground floor lock-up shop currently fitted out and trading as a restaurant, together with a self-contained three-bedroom split-level flat arranged over the first and second floors
The entire building is let to a single occupier, who both operates the restaurant on the ground floor and resides in the upper flat, ensuring one point of management and responsibility. The tenant is paying a passing rent of £54,000 per annum, with the
lease expiring in 2026
Key Features
- Property Type: Freehold mixed-use building
- Accommodation:
- Ground Floor: Lock-up shop currently operating as a restaurant with kitchen and seating areas
- Upper Floors: Spacious 3-bedroom split-level flat with living room, fitted kitchen, bathroom and WC across two floors
- Tenancy: Let to a single tenant occupying both shop and flat
- Rental Income: £54,000 per annum
- Lease Expiry: 2026
- Tenure: Freehold
Location
This property occupies a prime position on the main road in Tooting Broadway, benefitting from excellent visibility and high footfall. It is located just a 2-minute walk from Tooting Broadway Underground Station (Northern Line), providing direct access into Central London and the City.
The area is a thriving commercial hub, home to a wide range of national and independent retailers. Major brands such as Primark, Boots, and tk Maxx are all located nearby, ensuring a strong level of pedestrian traffic throughout the day and evening. Tooting is also renowned for its vibrant restaurant and leisure scene, further supporting the long-term demand for both commercial and residential accommodation in this location.
Investment Highlights
- Secure income stream from established occupier
- Entire building fully let – no current voids
- Prime location on a busy main road with excellent footfall
- Only 2 minutes’ walk from Tooting Broadway Underground Station (Northern Line)
- Surrounded by major retailers and local amenities
- Strong potential for future rental uplift or redevelopment upon lease expiry
- Attractive opportunity for both seasoned and first-time commercial investors
This freehold property presents an exceptional opportunity to acquire a well-positioned, income-generating asset in one of South West London’s most vibrant and sought-after locations.
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