£450,000

Retail premises for sale

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£450,000

(£147.30/sq. ft)

Retail premises for sale

Upper Green East, Mitcham CR4

3,055 sq. ft

Local area information

Property location

Nearby amenities

  • Eagle House School (SEN) 0.1 miles
  • Jus'T'Learn 0.1 miles
  • Mitcham Eastfields 0.4 miles
  • Mitcham Junction 0.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Read our area guides for Mitcham, Tooting and Tooting Graveney to find out more about the local area.

Features and description

Freehold Investment Site with Development Potential in Mitcham, CR4

location: Located in Mitcham town centre within a parade of shops off the
one way system. Near to multiple shops including the town centre shopping
area. Walking distance to dense residential developments.

Description: The 2 floor building is made up of a commercial shop on the
ground floor currently trading as a betting shop and an office on the first floor.
Access to the first floor is from the front of the building.

Development Potential: To change of use from office to flat and add another floor, subject to planning.

Tenancy details:

Ground floor: 10 year lease from 26th March 2021. Current rent: £21,000 pa.
Rent review: 25th March 2026. EPC rating C (64)

First floor: 5 year lease from 16th December 2021. Current rent: £9,000 pa.
Rent review: 16th December 2026. EPC rating E (113)

Measurements (approximate):
Gross Internal Area 284m² (3055ft²)
Ground floor – betting shop
1st floor - office

viewing: Strictly by appointment through Sole Agents:
Bells Chartered Surveyors F.A.O. Amir Parvez

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Bell's Chartered Surveyors. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Bell's Chartered Surveyors for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. Merton (London Borough)
  5. Mitcham
  6. Upper Green East