£3,416 Monthly

Retail Roperty (out Of Town) Commercial

Mitcham Road, Tooting, SW17



Tenancy info

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First listed on: 23rd October 2023

Nearest stations:

  • Tooting (0.5 mi)
  • Haydons Road (1 mi)
  • Balham (1.3 mi)
  • Morden South (1.3 mi)
  • Streatham Common (1.3 mi)

Interested?

Call: See phone number 0208 672 7979

Property Features

  • Premium/Goodwill ?120,000
  • Rent: ?41,000 p/a
  • Residential Rental Income: ?33,600 p/a
  • Turnover: ?14,000-?18,000 p/wk

Property Description

Available now Class E Use. Floor area 851 Sq/Ft plus additional 4-bedroom flat above shop. Running Business - Well-Positioned on a High Street in Tooting, SW17. Fixture/Fittings and Premium/Goodwill ?120,000. Rental income from residential is ?33,600 per annum. Fresh New Lease a possibility.

Currently trading as Matka Inn (Serving Authentic tea and cakes etc) since 2021 on one of Tooting Busiest Main Road. Units of this calibre, location and style are very difficult to get hold off.

Lease 4 Years, expires Mar 2027. Excludes Landlord & Tenant Act 1954.
New Lease a possibility
Postcode: SW17 9NG
Rent: ?41,000 per annum
Rental income from residential above: ?33,600 per annum
Rates: Can be confirmed with Local Authority
Fixture/Fittings & Goodwill: ?120,000 includes all fixture fittings.

Matka Inn (The Unit)
- Large shopfront
- Relaxing Furnishings and D?cor throughout creating the calm Atmosphere
- 34 Covers
- Fully Equipped Trade Kitchen with Extraction System
- Rear Access with Car Parking Space
- Turnover of ?14,000-18,000 per month
- Admin/reference fee of ?1,750.00 + vat

Due to other Business commitments the current Leaseholder has not been able to exercise the full potential of this Business.

Regardless of the time of day, footfall is both high and consistent. I advise you get a feel of the area before/after viewings and see this for yourself.

To book viewings - Call Residenza Properties Ltd



Council Tax Band: TBC

Property Features

  • Premium/Goodwill ?120,000
  • Rent: ?41,000 p/a
  • Residential Rental Income: ?33,600 p/a
  • Turnover: ?14,000-?18,000 p/wk

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Listed prices are those submitted to us and may not reflect the actual selling price of this property.

Date History Details
24/10/2023 Property listed at £3,416

Disclaimer

Disclaimer Property reference A6038D948849BC_666393. Details are provided and maintained by Residenza Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

This property is marketed by:
Residenza Estate Agents, Tooting

232 Upper Tooting Road

London

SW17 7EW

Tel: See phone number 0208 672 7979

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability

Disclaimer

Disclaimer Property reference A6038D948849BC_666393. Details are provided and maintained by Residenza Estate Agents. Nethouseprices.com makes no warranty as to the accuracy or completeness of aforementioned details.

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This property is marketed by:
Residenza Estate Agents, Tooting

232 Upper Tooting Road

London

SW17 7EW

Tel: See phone number 0208 672 7979

Arrange Viewing with AgentArrange Viewing Check AffordabilityCheck Affordability
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