Garratt Lane, Tooting, London, SW17

A rare opportunity to acquire a freehold mixed-use building with planning approved to create additional residential units, ideally located on Garratt Lane in the heart of SW17. Currently generating £35,280 per annum from a ground floor commercial unit and residential accommodation, this property offers both immediate income and substantial development upside.

Planning consent has been granted for:
Conversion of rear ground floor commercial space into a 2-bedroom flat
Mansard roof extension and roof addition to create a 3-bedroom flat

An ideal acquisition for investors, developers and portfolio landlords seeking an income producing asset with future value enhancement potential.

Key Features
Freehold mixed-use investment opportunity
Planning approved for 2 additional residential units
Ground floor restaurant let until July 2031
Existing residential tenancy in place
Current income: £35,280 per annum
Approx. 1,301 sq ft / 120.8 sq m
Prime SW17 location close to Earlsfield
Excellent transport links to Central London
Close to local shops, amenities and Plough Lane Retail Park
No VAT applicable

Location
Conveniently positioned close to Earlsfield Station with direct links to London Waterloo in approximately 13 minutes, with easy access to the A3, A24 and South Circular.