Business Park for sale

257 London Road, Mitcham Town Centre

£685,000

Property Description

Full description

Tenure: Freehold

LOCATION
The property is situated on the A217 which is a busy High Street in the heart of Mitcham Town Centre surrounded by a range of retail outlets and eateries.

Wimbledon, Sutton, Streatham, Croydon, Tooting and Morden all surround the area and are easily accessible which provides further High Street retailers, bars, restaurants and small boutiques.

The closest BR station is Mitcham Eastfields approximately 0.6 miles away where trains will take commuters to London Victoria within 30 minutes

Colliers Wood Northern Line Underground Station is just over 1 mile or a short bus ride

DESCRIPTION
Town Centre Investment / development opportunity comprising ground floor A3 premises with two floors of residential above accessed from the front

The ground floor restaurant is let on a new 10 year lease (a copy is available upon request) at a passing rent of
£15,000 per annum.

The flat above has been partially let (top floor blocked off) on an AST at a low rent of £1,000 pcm. We are informed by our client that this tenancy has expired and 2 months notice must be served for them to vacate.

TERMS
We are inviting offers of £685,000 for the Freehold

please note that conditional offers are not being considered at this time

VAT
We understand VAT is not payable

LEGAL COSTS
Each Party to cover their own legal costs

PLANNING
We strongly feel that with the relevant consents the two floors above could be extended / converted and made into 2 / 3 flats or a large HMO unit.

OTHER
Disclaimer: CSJ, our clients and any joint agents give notice that:
1) They have no authority to make or give any representations or warranties in relation to the property. These particulars do not form part of any offer or contract and must not be relied upon as statements or representations of fact.
2) Any areas, measurements or distances are approximate. The text, photographs and plans are for guidance only and not necessarily comprehensive. It should not be assumed that the property has all necessary planning, building, regulation or other consents and CSJ have not tested any services, equipment or facilities. Purchasers must satisfy themselves by inspection or otherwise.

VIEWING
Interested parties can visit the restaurant as a paying customer but we ask that the matter is not discussed with the staff.

For full internal viewing of the residential above please contact sole agents CSJ on 020 8296 1273


More information from this agent

Nearest stations

  • Mitcham Eastfields (0.5 mi)
  • Mitcham (0.6 mi)
  • Belgrave Walk (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christopher St James, Colliers Wood

61 High Street, Colliers Wood, London, SW19 2JF

020 8012 3467 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Floorplans


To view this property or request more details, contact:

Christopher St James, Colliers Wood

61 High Street, Colliers Wood, London, SW19 2JF

020 8012 3467 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Mitcham Eastfields (0.5 mi)
  • Mitcham (0.6 mi)
  • Belgrave Walk (0.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Christopher St James, Colliers Wood

61 High Street, Colliers Wood, London, SW19 2JF

020 8012 3467 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 100519002465. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christopher St James, Colliers Wood. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.