Investment Opportunity on Tooting High Street

Published: 05/07/2023

Are you looking for a promising investment opportunity in the bustling city of London? Look no further than 163-165 Tooting High Street!

This property presents an exciting prospect for local and regional investors seeking a prime retail space with great potential.

Comprising of two retail units that have been cleverly combined into a single unit, this property offers a total area of approximately 1,095 sqft. It has recently undergone a refurbishment, ensuring that it is in excellent condition for immediate use. With two kitchenettes and two toilets, the property is well-equipped to meet the needs of various businesses.

Fast Property Management, a reputable company, has expressed interest in securing a new 5-year lease for this property. They are willing to pay a passing rent of £35,000 per annum, which translates to an attractive annual yield of 7% for potential investors. This solid return on investment makes it an enticing opportunity for those looking to expand their portfolios.

Location plays a crucial role in any investment, and this property benefits from a prime spot on the vibrant Tooting High Street. With excellent amenities and major retailers in close proximity, the area is highly sought after by both businesses and customers. The bustling nature of Tooting High Street ensures a constant flow of foot traffic, offering excellent exposure for any retail venture.

What sets this property apart is the opportunity to acquire it as a virtual freehold. This unique arrangement provides long-term security and flexibility, making it an appealing prospect for investors who value stability and autonomy.

To ensure a personalized experience and to get a closer look at this promising opportunity, viewings are strictly by appointment only. Contact our dedicated team to schedule a viewing and explore the potential that 163-165 Tooting High Street holds for your investment goals.

In conclusion, Tooting High Street presents a prime investment opportunity in a sought-after London location. With its recently refurbished space, two kitchenettes, and two toilets, it offers a versatile solution for retail businesses. The attractive lease terms, annual yield of 7%, and virtual freehold arrangement make it an appealing choice for local and regional investors. Don't miss out on the chance to secure this promising property and take advantage of the bustling Tooting High Street's potential. Contact us today to arrange a viewing and embark on your investment journey.