£35,000 pa

(£37.04/sq. ft. pa)

Retail premises to let
Mitcham Road, London SW17

    • 945 sq. ft

Available immediately
Furnished
Business
Added on 01/09/2023

About this property

  • Prime Tooting Broadway location

  • Well-established class E beauty salon

  • Approx. 945 sq ft ground floor premises

  • Generating £50,400 P/A

  • New lease available

  • Rent: £35,000 per annum

  • Business rates: Approx. £7,000 per annum

  • Premium / Goodwill: £65,000

  • Spacious and versatile commercial layout

Residenza are pleased to present this well-established class E beauty salon ideally located in the heart of Tooting Broadway, SW17. Extending to approximately 945 sq ft across the ground floor, the property offers a spacious and versatile layout suitable for a variety of beauty, wellness or retail uses.

The salon benefits from an existing income stream, with the current leaseholder subletting four treatment rooms and a nail station generating approximately £4,200 pcm (£50,400 per annum).

Positioned within a busy commercial location close to Tooting Broadway Underground Station (Northern Line), the property enjoys excellent footfall, strong transport links and easy access to a wide range of local cafés, restaurants and amenities.

Premium / Goodwill: £65,000

Prime Tooting Broadway location
Well-established class E beauty salon
Approx. 945 sq ft ground floor premises
Spacious and versatile commercial layout
Existing rental income from treatment rooms & nail station
Approx. £4,200 pcm income currently generated
Excellent footfall and transport links
Walking distance to Tooting Broadway Underground Station
New lease available (5,10 or 15 years subject to negotiation)
Rent: £35,000 per annum
Business rates: Approx. £7,000 per annum
Premium / Goodwill: £65,000
Ideal for beauty, wellness or retail operators

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Residenza Properties Tooting Ltd

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