Summary - 205, STREATHAM ROAD CR4 2AJ
1 bed 1 bath Takeaway
**Standout Features:**
- Rental Income: £19,200 p.a.
- Gross Initial Yield: 7.68%
- Chain-free with a virtual freehold (999-year lease)
- Ground floor takeaway with a prime location along A216 (Streatham Road)
- Close proximity to Tooting Broadway Underground Station and multiple bus routes
- Attractive Victorian architecture with high visibility to foot traffic
**Summary:**
This mid-terrace ground floor takeaway shop offers an excellent investment opportunity in the thriving suburb of Mitcham. Currently leased until 2036, it secures a reliable rental income and boasts a high gross initial yield of 7.68%. The property features a modern commercial kitchen and an inviting open-plan customer area, all within 605 square feet, making it ideal for a small to medium-sized business. Notable local amenities and a diverse community enhance its appeal for both clientele and operators.
Situated on a busy arterial route, the shop enjoys significant visibility, perfect for attracting foot traffic. With excellent transport links and an affluent area, the potential for growth and sustainability is strong. While the structure is in good condition, prospective buyers should ensure to conduct thorough investigations on maintenance to maintain this delightful space. This leasehold property is not only a solid investment but also part of a vibrant community, perfectly positioned for future success. Don't miss this opportunity to secure a prime asset in a desirable location!
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