180 Balham High Rd 946 sq ft Retail Property London SW12 9BW £795,000 (£840.38/sq ft) 6.92% Net Initial Yield

Positioned in the heart of Balham’s thriving high street, 180 Balham High Road presents a rare opportunity to acquire a prime retail investment in one of South West London’s most affluent and dynamic neighbourhoods. This 946 sq ft lock-up unit spans ground and basement levels and benefits from a high footfall location just 50 metres from Balham Station, offering seamless access to Central London via the Northern Line and National Rail.
The property is fully let on a 20-year FRI lease to Chaps Grooming Lounge Ltd, with a strong covenant backed by Balham Barbers Ltd. With nearly eight years of term certain remaining and a rent review due in under three years, the asset offers secure income and future growth potential. A sublease on the basement to a traditional Chinese medicine clinic further enhances income diversification.
Surrounded by a vibrant mix of national retailers including Costa, TK Maxx, Sainsbury’s, Pret a Manger, and Boots, the unit benefits from exceptional visibility and consistent seven-day trade. The area’s demographic—young professionals and families—continues to drive strong retail demand and rental growth.
Available on either a freehold or long leasehold basis, this investment is offered at a guide price of £805,000, reflecting a net initial yield of 6.5% assuming standard purchaser costs. This is an ideal opportunity for investors seeking a low-maintenance, income-producing asset in a high-demand London location.