188 & 186 High Street Colliers Wood, London SW19 2BN, 188 & 186 High Street Colliers Wood, London SW19 2BN

Guide price

£800,000

Auction

Size

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Tenure

Freehold

EPC

Parking

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Primary use
Mixed use

No floor / site plan

Key features

  • Current commercial tenants wish to sign new 5 year leases at increased rent
  • 2 x flats let on AST's (Periodic Tenancy) at £30,000 p.a.
  • VAT free investment
  • Let at £74,600 p.a. (9.32% on guide) £80,600 p.a. in 2027 (10.07% GIY on guide)
  • Freehold property 2 x commercial units & 2 x one bedroom duplex flats
  • Commercial units currently let at £44,000 p.a. (Rising in 2027 to £50,000 p.a.)
  • Located opposite Colliers Wood Station (underground services)
  • 6 week completion available

Description

A freehold mid terrace property comprising of 2 x commercial units on the ground floor and 2 x duplex flats on the upper flats (both flats are 1 beds).

There is asset management potential to improve the passing income by agreeing/ signing the draft leases to both of the commercial tenants which will increase the rent in 2027.

Please note that the tenant of the ground floor at 186 High street is currently fitting out.

The property is located directly opposite Colliers wood underground station and is situated on a busy high street. Nearby occupiers include Holiday Inn Express, Co-op Food, Tesco Express as well as a wide range of local and independent retailers.

Prominently located on Colliers Wood High Street (A24), within a busy retail parade, close to a range of shops and amenities. Colliers Wood Underground Station (Northern Line) is within easy walking distance, providing swift access to Central London.

Transport
Colliers Wood Underground Station - Northern Line
Additional information
Service charge
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Business rates
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Use class
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Listed building
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Energy performance certificate: A

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating

Unclassified

Environmental description
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Read more about energy considerations for commercial property

Brochure

188 & 186 High Street Colliers Wood, London SW19 2BN, 188 & 186 High Street Colliers Wood, London SW19 2BN

NEAREST STATIONS

London Underground

Colliers Wood Station

0.01 miles

London Underground

South Wimbledon Station

0.63 miles

National Rail

Haydons Road Station

0.68 miles

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