Residenza are pleased to present this secure, income-producing commercial investment located in the heart of Tooting, SW17.
The property is let to an established franchise vape operator on a 15-year lease from 2022, generating a stable rental income of £25,000 per annum, reflecting an attractive gross yield of 7.14%.
Investment highlights:
Approx. 999-year long leasehold interest
Strong covenant with long-term lease security
Residential flats above held on separate long leases
Located on a busy and improving retail parade
Approx. 7-minute walk to Tooting Broadway Station
Close to national occupiers including Gail"s Bakery and Tesco
This represents an excellent long-term investment opportunity, offering secure income, strong yield, and future capital growth potential in a well-connected South West London location.
A buyers fee applies of two percent plus vat.
For further information on this property please call 0208 672 7979 or e-mail tooting@residenzapropertiesltd.com