Freehold investment opportunity entirely let on a 20 year lease
Gross Initial Yield 7.48% - Current rent reserved £58,000 p/a
Details - DESCRIPTION
Freehold commercial investment opportunity currently let on a 20 year lease to Orange Buffallo
• The property is situated in the densely populated South West London area of Tooting, some 6 miles south of Central London and within a mile of Wandsworth Common
• The property is situated on the A217 some 150 metres from Tooting High street (A24)
-Tooting Broadway Station (Northern Line) is some 150 metres from the property
-The property is situated on the west side of Mitcham Road adjacent to both McDonalds & Tooting Tram & Social, within Tooting's main shopping area.
• Other occupiers close by include Boots (opposite), Sainsbury's Supermarket, Primark, KFC, Greggs, Specsavers & Wilko amongst many othersTERMS
Available at Allsop auction 9th July 2019 (Lot 5) unless sold prior
Guide Price £775,000 - £800,000
Listed Features
- High Street
