£695,000
(£534.20/sq. ft)
Retail premises for saleGarratt Lane, Tooting SW17
1,301 sq. ft
EPC Rating: D
About this property
A rare opportunity to acquire a freehold mixed-use building with planning approved to create additional residential units, ideally located on Garratt Lane in the heart of SW17. Currently generating £35,280 per annum from a ground floor commercial unit and residential accommodation, this property offers both immediate income and substantial development upside.
Planning consent has been granted for:
• Conversion of rear ground floor commercial space into a 2-bedroom flat
• Mansard roof extension and roof addition to create a 3-bedroom flat
An ideal acquisition for investors, developers and portfolio landlords seeking an income producing asset with future value enhancement potential.
Key Features
• Freehold mixed-use investment opportunity
• Planning approved for 2 additional residential units
• Ground floor restaurant let until July 2031
• Existing residential tenancy in place
• Current income: £35,280 per annum
• Approx. 1,301 sq ft / 120.8 sq m
• Prime SW17 location close to Earlsfield
• Excellent transport links to Central London
• Close to local shops, amenities and Plough Lane Retail Park
• No VAT applicable
Location
Conveniently positioned close to Earlsfield Station with direct links to London Waterloo in approximately 13 minutes, with easy access to the A3, A24 and South Circular.
Planning consent has been granted for:
• Conversion of rear ground floor commercial space into a 2-bedroom flat
• Mansard roof extension and roof addition to create a 3-bedroom flat
An ideal acquisition for investors, developers and portfolio landlords seeking an income producing asset with future value enhancement potential.
Key Features
• Freehold mixed-use investment opportunity
• Planning approved for 2 additional residential units
• Ground floor restaurant let until July 2031
• Existing residential tenancy in place
• Current income: £35,280 per annum
• Approx. 1,301 sq ft / 120.8 sq m
• Prime SW17 location close to Earlsfield
• Excellent transport links to Central London
• Close to local shops, amenities and Plough Lane Retail Park
• No VAT applicable
Location
Conveniently positioned close to Earlsfield Station with direct links to London Waterloo in approximately 13 minutes, with easy access to the A3, A24 and South Circular.
Mortgage calculator
Monthly repayment
£3,476 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}