Pizza Hot for you For sale by Auction as a Investment

Auction news. Central London Commercial Property opportunity. A WELL LET COMMERCIAL PROPERTY - INCOME PRODUCING 282 Mitcham Road, Tooting, London, SW17 9NT For sale by Auction Guide Price: £180,000 Great investment property - Pizza shop. Trading as “Pizza Hot 4 U“ - classified as A3 on the use class order. 84 square metres G.I.A. Arranged over ground floor and basement levels. Parade of similar small independent retailers close by. The property in their immediate surrounding are predominantly a mix of commercial and residential properties. The Property can be found using our What three words system and searching for “holds.frames.volume“ Location Mitcham Road is conveniently located for the many café’s, restaurants and bars of the Furzedown Village area. Being part of The London borough of Tooting and Wandsworth South London. Complimented with a vast array of transport links. Including, Tooting Overground and Tooting Broadway Underground Stations a short walk away. Tenancy: Let producing a rent of £1,500 per month Total Rent Payable £18,000 per annum approximately. Tenure: Leasehold with 59 years remaining on the current lease and vacant possession. Buyer’s Premium: Applies under the fall of the hammer. The purchaser shall pay 10% deposit, plus, in addition a buyer’s premium of 2% of the sale price, minimum of £3,000 + VAT upon exchange of contracts. Please feel free to contact our sales and enquires team on 07718 933107 or 07971 033276 or Email us at [e-mail] Thanks for watching. Please do call us for a chat to update your auction market Knowledge.
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