Guide price
£800,000
Property for saleBuilding To The Rear Of, 292 Streatham High Road, Streatham, London SW16
Freehold
About this property
Commercial investment for sale let to Crossfit Streatham (xfit Tooting Ltd)
Measures 2,597sqft gia over lower, upper and ground floor
10 year lease from October 2017 (expiry October 2027)
Producing £59,560 per annum
Development potential (stpp)
Guide price: £800,000 F/H (7.4% gross yield)
An opportunity to acquire a freehold commercial investment in the heart of Streatham.
The property comprises a predominantly detached building situated to the rear of 292 Streatham High Road, overlooking Streatham Green, a popular area of
public open space.
The building extends to approximately 241.3 sq m (2,597 sq ft) of gross internal area (gia), arranged over lower ground, upper ground, and first floors. It is currently let to CrossFit Streatham (xfit Tooting Ltd) until October 2027, producing a passing rent of £59,560 per annum.
The property benefits from flexible Use Class E, allowing for a wide range of potential future uses, including (but not limited to) continued gym use, retail, office, healthcare, and studio space.
The property may also offer development potential (subject to obtaining the necessary planning permissions) for a residential scheme. The site is currently unconsented, and interested parties are advised to carry out their own due diligence in this regard. Further information is available upon request.
The property comprises a predominantly detached building situated to the rear of 292 Streatham High Road, overlooking Streatham Green, a popular area of
public open space.
The building extends to approximately 241.3 sq m (2,597 sq ft) of gross internal area (gia), arranged over lower ground, upper ground, and first floors. It is currently let to CrossFit Streatham (xfit Tooting Ltd) until October 2027, producing a passing rent of £59,560 per annum.
The property benefits from flexible Use Class E, allowing for a wide range of potential future uses, including (but not limited to) continued gym use, retail, office, healthcare, and studio space.
The property may also offer development potential (subject to obtaining the necessary planning permissions) for a residential scheme. The site is currently unconsented, and interested parties are advised to carry out their own due diligence in this regard. Further information is available upon request.
Mortgage calculator
Monthly repayment
£4,001 per month
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