£21,000 pa
(£22.95/sq. ft. pa)
Retail premises to letUpper Tooting Road, London SW17
915 sq. ft
Just added
About this property
£100,000 Premium
£21,000/ year rent
Approx. 915 sq. Ft
Class E - Retail
Prominent Shop Frontage
Open-Plan Retail Space
Established Trading Location
Kitchenette & WC
No Hot Food Use
A prominent ground-floor retail premises situated on Upper Tooting Road, SW17, available by way of assignment of the existing lease with a £100,000 premium.
The premises have been home to a well-established Islamic retail shop for over 25 years and provide approximately 915 sq ft (85 sq m) of accommodation. The unit benefits from a prominent shopfront onto Upper Tooting Road and a predominantly open-plan sales area, providing substantial display and retail space.
The accommodation also includes a rear kitchenette, WC and ancillary space.
The existing lease permits Use Class E Retail, being the display or retail sale of goods.
**Restaurants, takeaways and other hot-food businesses are not permitted.**
Location
The property occupies a prominent position on Upper Tooting Road, SW17, within an established commercial parade serving Tooting and the surrounding South West London area with good visibility onto Upper Tooting Road and are surrounded by a varied mix of independent retailers, restaurants, cafés and other commercial operators.
The property is also well connected by public transport, with Tooting Bec Underground Station (Northern Line) within easy reach and numerous bus services operating along Upper Tooting Road.
Lease terms
• Term: 15 years from 25 March 2025
• Tenure: Assignment of the existing lease
• Current rent: £21,000 per annum + VAT
• From 25 March 2027: £22,000 per annum + VAT
• From 25 March 2028: £25,000 per annum + VAT
• Rent reviews: 25 March 2031,25 March 2034 and 25 March 2037
• Permitted use: Class E – Retail
• Hot food: Not permitted
• Premium: £100,000
The lease contains provisions restricting dealings with the premises, including assignment and underletting. Any assignment will be subject to the terms of the existing lease and the necessary landlord consent.
Accommodation
Ground Floor: Approximately 915 sq. Ft (85 sq. M)
The accommodation comprises a predominantly open-plan retail area together with kitchenette, WC and ancillary accommodation.
Outgoings
• Service charge: Details available upon request
• VAT: Applicable to the rent and other sums where chargeable under the lease.
• Business rates: Interested parties are advised to make their own enquiries with the relevant local authority/Valuation Office Agency to confirm the rates payable.
Premium
A premium of £100,000 is sought for the assignment of the existing leasehold interest.
Viewings
Viewings are strictly by appointment through Residenza Properties tooting.
All enquiries, offers and proposed uses are subject to contract, the terms of the existing lease and landlord's consent where required.
Terms and conditions
All commercial lettings through our office carry a fee for full references and credit reports on applicants. The fee is non-refundable and is payable when an offer is accepted.
The premises have been home to a well-established Islamic retail shop for over 25 years and provide approximately 915 sq ft (85 sq m) of accommodation. The unit benefits from a prominent shopfront onto Upper Tooting Road and a predominantly open-plan sales area, providing substantial display and retail space.
The accommodation also includes a rear kitchenette, WC and ancillary space.
The existing lease permits Use Class E Retail, being the display or retail sale of goods.
**Restaurants, takeaways and other hot-food businesses are not permitted.**
Location
The property occupies a prominent position on Upper Tooting Road, SW17, within an established commercial parade serving Tooting and the surrounding South West London area with good visibility onto Upper Tooting Road and are surrounded by a varied mix of independent retailers, restaurants, cafés and other commercial operators.
The property is also well connected by public transport, with Tooting Bec Underground Station (Northern Line) within easy reach and numerous bus services operating along Upper Tooting Road.
Lease terms
• Term: 15 years from 25 March 2025
• Tenure: Assignment of the existing lease
• Current rent: £21,000 per annum + VAT
• From 25 March 2027: £22,000 per annum + VAT
• From 25 March 2028: £25,000 per annum + VAT
• Rent reviews: 25 March 2031,25 March 2034 and 25 March 2037
• Permitted use: Class E – Retail
• Hot food: Not permitted
• Premium: £100,000
The lease contains provisions restricting dealings with the premises, including assignment and underletting. Any assignment will be subject to the terms of the existing lease and the necessary landlord consent.
Accommodation
Ground Floor: Approximately 915 sq. Ft (85 sq. M)
The accommodation comprises a predominantly open-plan retail area together with kitchenette, WC and ancillary accommodation.
Outgoings
• Service charge: Details available upon request
• VAT: Applicable to the rent and other sums where chargeable under the lease.
• Business rates: Interested parties are advised to make their own enquiries with the relevant local authority/Valuation Office Agency to confirm the rates payable.
Premium
A premium of £100,000 is sought for the assignment of the existing leasehold interest.
Viewings
Viewings are strictly by appointment through Residenza Properties tooting.
All enquiries, offers and proposed uses are subject to contract, the terms of the existing lease and landlord's consent where required.
Terms and conditions
All commercial lettings through our office carry a fee for full references and credit reports on applicants. The fee is non-refundable and is payable when an offer is accepted.
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