Six contiguous freehold commercial units, arranged over ground and first floors
An unbroken freehold terrace of six mixed-use units on Cheam Road, offered with all shops let and a current passing rent of £122,900. The parade occupies a prominent high-street position in Sutton town centre, directly opposite amenities and about 0.1 miles from Sutton railway station, delivering strong pedestrian exposure and excellent transport links to central London.
For an investor this is a core-let asset with near-term income and longer-term upside. The building’s mid‑20th century flat roof structure and upper floors present redevelopment potential — demolition and a residential‑led scheme or an air‑space extension are possible, both subject to planning (STPP). The property will suit a buyer seeking holding income while progressing a planning strategy.
Buyers should weigh material negatives plainly. The location falls within a deprived urban area with higher-than-average local crime levels; any change of use or development will require local authority consent from the London Borough of Sutton. The roof and upper structure are typical of mid‑20th century construction and may need refurbishment for conversion or rooftop development. Offers are invited around £1,700,000 subject to existing leases.