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Investment/ development opportunity in prime tooting broadway, SW17
(Guide: £1,100,000 - £1,200,000) Residenza are proud to offer this freehold mix use commercial building in the heart of Tooting Broadway. The property currently comprises of a ground floor commercial unit let to a nail salon and a HMO flat above. The property also benefits from planning permission being granted for the conversion of the flat to provide 1 x two bedroom flat & 1 x three bedroom flat. Investment producing £55,000 P/A, with further development potential. Revised planning has been submitted as of 20/01/2020 to reconfigure and provide 2 x 1 bedroom flats and 1 x 2 bedroom flat after a positive planning meeting, planning has now been granted for 2 X 1 Beds & 1 X 2 Bed.
Planning Approved: Alterations and erection of mansard roof extension to main rear roof; extension above part of three-storey back addition; erection of first floor rear extension. Alterations and relocation of rear ground floor entrance, provision of stairs and external first floor landing at side and part change of use of rear ground floor from Beauty Salon (Sui Generis) to residential (C3) in connection with conversion of first and second floor flat into 2 x 1-bedroom flat and 1 x 2-bedroom flat. Provision of refuse and cycle storage.
Plans available on request.
Buyers fee applicable
Further details to be requested via sole agent Residenza Properties Ltd.
For more information about this property, please contact Residenza Properties Tooting Ltd, SW17 on +44 20 8166 7557 * (local rate)
Contact Residenza Properties Tooting Ltd about this property
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