181-199 Tooting High Street, London SW17 0SZ

  • Price £4,450,000
  • Yield 8%
  • Income £380,435
  • Sector Commercial, Retail

A Retail Parade In A Vibrant And Densely Populated South-West London Suburb

Summary

  • Located in the vibrant and densely populated south-west London suburb of Tooting.
  • The property occupies a highly prominent corner position on the south side of Tooting High Street.
  • The property comprises four well-configured commercial units arranged across the ground floor of a modern mixed-use development.
  • Multi-let producing a passing rent of £380,435 per annum, reflecting a weighted average unexpired lease term of 6.12 years to expiry and 4.06 years to break.
  • Virtual Freehold Interest. 999-year lease from 25 September 2015 at a peppercorn rent (c.989 years remaining).
Contact
Ben Lewis
Email: benlewis@lewisandpartners.com
Mobile: 07887 553 674