188 & 186 High Street, Colliers Wood, London SW19 2BN
- PROPERTY TYPE
Commercial Property
- SIZE
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Key features
- A freehold mid terrace property comprising of 2 x commercial units & 2 x one bedroom duplex flats
- Current commercial tenants wish to sign new 5 year leases at increased rent
- Commercial units currently let at £44,000 p.a. (Rising in 2027 to £50,000 p.a.)
- 2 x flats let on AST's (Periodic Tenancy) at £30,000 p.a.
- Located opposite Colliers Wood Station (underground services)
- VAT free investment
- 6 week completion available
- Investment let at £74,600 p.a. (9.32% on guide price) rising to £80,600 p.a. in 2027 (10.07% GIY on guide price)
Description
StrapLine
Auction Sale - 28/07/2026 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteA freehold mid terrace property comprising of 2 x commercial units at ground floor and 2 x one bedroom duplex flats in the upper floors. Located directly opposite Colliers Wood Station.
Investment let at £74,600 rising through stepped rent increase to £80,600p.a in the next 12 months.
Description
Please click here for virtual tour of 188A Flat
Please click here for virtual tour of 188B Flat
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.
Location
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
Tenancy
Please refer to accommodation and tenancy schedule
Accommodation
Please refer to accommodation and tenancy schedule
Please also refer to the floor plans
188 & 186 High Street, Colliers Wood, London SW19 2BN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Colliers Wood Station0.0 miles
- South Wimbledon Station0.6 miles
- Haydons Road Station0.7 miles
Notes
Disclaimer - Property reference 227-23962. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”