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181-193 Tooting High St 16,291 sq ft 100% Let Retail Property London SW17 0SZ £4,450,000 (£273.16/sq ft) 8% Net Initial Yield
Investment Highlights
- 15,992 sq ft ground-floor retail space
- Modern mixed-use development setting
- Prominent Tooting High Street frontage
Executive Summary
The available commercial accommodation totals 15,992 sq ft and comprises four well-configured ground-floor retail/leisure units within a modern mixed-use development. The units provide prominent frontage onto Tooting High Street and benefit from direct High Street access, modern servicing, good floor-to-ceiling heights and excellent visibility to passing pedestrians and vehicles. The accommodation is currently arranged as Unit 1 – Kaosarn Tooting, Unit 2/3 – Anytime Fitness, Unit 4 – Screwfix, and Unit 5 – One Stop, with six allocated parking spaces located to the rear of the property.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Shopfront Retail / Residential
Property Size
16,291 sq ft
Costar Property Class
B
Year Built
2014
Price
£4,450,000
Price per sq ft
£273.16
Yield
8%
NOI
£356,000
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
5
Plot ratio
0.42
Total Plot Size
0.88 ac
Frontage
274 ft on Tooting High Street
Amenities
- 24 Hour Access
- Bus Route
- Commuter Rail
- Courtyard
- Signage
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
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Nearby Major Retailers
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181-193 Tooting High St
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