Retail premises to let

Streatham High Road, London SW16

Crown Real Estate are proud to present this spacious and well-presented retail shop located on the busy Streatham High Road, benefiting from extremely high footfall and excellent visibility, together with a rear studio featuring a separate entrance.

The shop has been newly decorated to a high standard and is fully equipped with CCTV cameras, LED window display lighting, central air conditioning, electric shutters, and a security alarm system, making it ideal for a variety of retail or service-based businesses.

Internally, the property also benefits from a rear kitchenette, toilet facilities, and a private office located at the back of the premises, offering both convenience and practicality for daily business operations.

An additional benefit of this opportunity is the attached rear studio flat with independent access. The total rent payable for the entire ground floor unit (shop and studio flat combined) is only £1,708.33 per calendar month. With the studio currently generating an income of £1,350 pcm, the effective rent contribution towards the main landlord/freeholder for the shop would be approximately only £358.33 pcm, plus electricity and building insurance contributions.

Rent - £20,500.00 per annum (£1,708.33 per calender month)

Premium - £80,000.00 (To purchase the existing lease)

Lease - 20-year lease (Lease commencement date: 21st August 2024)

Lease Type: Inside the Landlord & Tenant Act 1954

Early viewing is highly recommended.