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Restaurant/cafe for sale in London Road, Mitcham

Under offer

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London Road External

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Restaurant/cafe for sale

3,500 sq. ft*

Property features

Income producing investment for sale (virtual freehold) 999 years
£30,000 per annum exclusive
Air conditioning
All on ground floor
Offers in the region of £565,000 subjest to existing leases.(999 years lease)

Property description

The premises are located on the west side of busy London Road on the corner with Sibthorpe Road, and between the junction with Upper Green West and the A217 Holborn Way. Occupiers close by include Morrisons, Halifax, Boots and a mix of local traders.

The premises comprise of a ground floor shop of approximately 3500 sq. Ft. (325.15 m2) mainly open space trading as Café Restaurant /Bakery with seating. Recently refurbished by the tenant to a high standard. Presently let on a 10-year (Fri) lease dated from 5th December 2022 with tenant option to break on fifth anniversary of the lease.

Property info

Floorplan(s): Floorplan 1

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Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Salter Rex - Commercial, and do not constitute property particulars. Please contact Salter Rex - Commercial for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.