£350,000
(£525.53/sq. ft)
Retail premises for saleMitcham Road, London SW17
666 sq. ft
About this property
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.
Mortgage calculator
Monthly repayment
£1,750 per month
Whole of market comparison
70+ lenders and 10,000+ products
How much could I borrow
In partnership with
The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
.png){kind=logo}