Find a Property

Summary

(Guide Price: £300,000 - £350,000) FOR SALE BY ONLINE AUCTION BIDDING VIA SOLE AGENT. Residenza are proud to offer this ground floor commercial unit let on a lease expiring 2036 (no breaks) to Style 2000 on Upper Tooting Road, SW17.

-    Compromising a ground floor shop let to Style 2000 with no breaks
-    Popular South West London suburb
-    Prominent location on Upper Tooting Road (A24)
-    VAT is not applicable
-    Buyers to pay fee of 2% to agent on successful purchase
-    Tooting is densely populated suburb of South West London located approx. 7 miles from Central London
-    The property is situated on the west side of Upper Tooting Road, between junctions with Hebdon Road and Lessingham Avenue

Present Lessee: Style 2000 (Individual)
Term: 20 Years From 01.08.2016 (Thus having 16 years unexpired)
Rental Income: £18,000 P/A
Rent Review: Every 5 years (Next rent review Aug 2021)
Size: Approx. 1100 SQ/FT
Lease: Sold on a new 999 years lease

Interested buyers are to contact sole agents Residenza Properties Tooting Ltd and submit their best offer before 15th November 2020. Email offers to wasim@residenzapropertiesltd.com

Viewings available on request. COVID-19 policies apply.

Additional Information

For further information on this property please call 0208 672 7979 or e-mail tooting@residenzapropertiesltd.com