Summary - 242-244 London Road,LONDON,CR4 3HD CR4 3HD
1 bed 1 bath Commercial Property
**Standout Features:**
- **Investment Opportunity:** Producing £30,000 annually on a 10-year lease.
- **Spacious Layout:** Massive 3,500 sq. ft. ground-floor space ideal for a café or restaurant.
- **Recent Renovation:** Newly refurbished to a high standard, fully furnished with modern amenities.
- **Security Features:** Equipped with air conditioning, alarm system, and CCTV.
- **Prime Location:** Located on busy London Road, surrounded by well-known retailers like Morrisons and Boots.
**Concise Summary:**
Discover a remarkable investment opportunity in the bustling heart of Mitcham with this expansive ground floor commercial property. Covering approximately 3,500 sq. ft., this fully furnished café/restaurant benefits from a modern renovation, leaving you with a pristine space ready to generate income. Currently leased for ten years at £30,000 per annum, this virtual freehold property offers security and stability for savvy investors. Situated near prominent retailers and essential amenities, this prime location ensures consistent foot traffic and visibility, enhancing its rental appeal.
While the property is in excellent condition, being located in a neighborhood with above-average crime should be considered when evaluating investment potential. The area is vibrant and diverse, making it suitable for various commercial activities. With average broadband speeds and excellent mobile signal, operational efficiency is at your fingertips. Take advantage of this unique opportunity before it's gone—properties like this in such a prime location are seldom available for long.
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