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Commercial Property For Sale ๐Ÿ’… (Re-launch)

Published: 18/05/2022 By City & Counties Commercial

Back on the market due to abortive negotiations.

Opportunity to purchase a freehold retail investment close to Tooting Bec underground station.

The property comprises a retail unit over ground and basement with three flats above. All three flats have been sold off on long leases.

The retail unit is let at £11,000 per annum until September 2028 with the next rent review in 2024. The tenant trades as AG Nail Bar & Beauty.

One of the flats has 74 years remaining on the lease and we have been advised the lease extension premium is in the region of £35,000. The other two flats both have 164 years remaining on the lease.

For more information, contact Philip at philip@cityandcounties.com or you can call us on 020 8106 8666. You can also view the listing 
here.