Property photos
Just added
Guide price
£895,000
Retail premises for sale
Mitcham Road, Tooting SW17Available immediately
Local area information
Property location
Nearby amenities
- Tooting Primary School 0.2 miles
- Sellincourt Primary School 0.2 miles
- Tooting Broadway 0.3 miles
- Tooting 0.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Tooting Graveney, Tooting and Upper Tooting to find out more about the local area.
Features and description
Crown Real Estate are delighted to present this rare opportunity to acquire a freehold mixed-use investment property.
The property comprises a ground floor lock-up shop currently fitted out and trading as a restaurant, together with a self-contained three-bedroom split-level flat arranged over the first and second floors
The entire building is let to a single occupier, who both operates the restaurant on the ground floor and resides in the upper flat, ensuring one point of management and responsibility. The tenant is paying a passing rent of £54,000 per annum, with the
lease expiring in 2026
Key Features
Location
This property occupies a prime position on the main road in Tooting Broadway, benefitting from excellent visibility and high footfall. It is located just a 2-minute walk from Tooting Broadway Underground Station (Northern Line), providing direct access into Central London and the City.
The area is a thriving commercial hub, home to a wide range of national and independent retailers. Major brands such as Primark, Boots, and tk Maxx are all located nearby, ensuring a strong level of pedestrian traffic throughout the day and evening. Tooting is also renowned for its vibrant restaurant and leisure scene, further supporting the long-term demand for both commercial and residential accommodation in this location.
Investment Highlights
This freehold property presents an exceptional opportunity to acquire a well-positioned, income-generating asset in one of South West London’s most vibrant and sought-after locations.
The property comprises a ground floor lock-up shop currently fitted out and trading as a restaurant, together with a self-contained three-bedroom split-level flat arranged over the first and second floors
The entire building is let to a single occupier, who both operates the restaurant on the ground floor and resides in the upper flat, ensuring one point of management and responsibility. The tenant is paying a passing rent of £54,000 per annum, with the
lease expiring in 2026
Key Features
- Property Type: Freehold mixed-use building
- Accommodation:
- Ground Floor: Lock-up shop currently operating as a restaurant with kitchen and seating areas
- Upper Floors: Spacious 3-bedroom split-level flat with living room, fitted kitchen, bathroom and WC across two floors
- Tenancy: Let to a single tenant occupying both shop and flat
- Rental Income: £54,000 per annum
- Lease Expiry: 2026
- Tenure: Freehold
Location
This property occupies a prime position on the main road in Tooting Broadway, benefitting from excellent visibility and high footfall. It is located just a 2-minute walk from Tooting Broadway Underground Station (Northern Line), providing direct access into Central London and the City.
The area is a thriving commercial hub, home to a wide range of national and independent retailers. Major brands such as Primark, Boots, and tk Maxx are all located nearby, ensuring a strong level of pedestrian traffic throughout the day and evening. Tooting is also renowned for its vibrant restaurant and leisure scene, further supporting the long-term demand for both commercial and residential accommodation in this location.
Investment Highlights
- Secure income stream from established occupier
- Entire building fully let – no current voids
- Prime location on a busy main road with excellent footfall
- Only 2 minutes’ walk from Tooting Broadway Underground Station (Northern Line)
- Surrounded by major retailers and local amenities
- Strong potential for future rental uplift or redevelopment upon lease expiry
- Attractive opportunity for both seasoned and first-time commercial investors
This freehold property presents an exceptional opportunity to acquire a well-positioned, income-generating asset in one of South West London’s most vibrant and sought-after locations.
More information
Listed by
Crown Lets 4U
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