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£750,000 freehold

276 Mitcham Road, Tooting, London SW17 Ref: 31246

A mixed-use unbroken freehold property - located on a main road and opposite a train station.

The building is arranged as a ground floor shop, split-level 3 bedroom flat above, and garage to the rear.

The ground floor shop is a good size measuring circa 1,000 sqft, and has been operated as a butchers for 140 years! It is currently arranged as a front sales area, rear office room, and walk in cold room etc. It also benefits from rear access. The unit comprises the flexible 'E' use class, which means it could be used for a variety of purposes, The Estimated Rental Value of the unit is £21,000 per annum.

The first and second floors comprise a split-level 3 bedroom flat. The accommodation is accessed from the rear of the property (is self-contained with its own front door), and measures circa 900 sqft in total. The flat is arranged to include a separate living room & kitchen and toilet & bathroom, and also benefits from a roof terrace / some outside space. It is in good condition throughout and requires minimal work in order to re-let it. The Estimated Rental Value is £2,000 pcm (or £24,000 per annum).

There is a garage to the rear of the shop on the ground floor which has partially been converted to a studio. This includes a fully fitted bathroom. The space measures circa 275 sqft, although could be converted to provide additional floor space for the shop in the front building, or possibly offer potential for further accommodation above and be re-developed (subject to obtaining the necessary planning consents).

The entire property will be sold with vacant possession provided on completion. It has been in the same family ownership (Coppin Bros Butchers) since 1880!


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