Christopher St James (CSJ) is a family run business Founded in 1976. For over 40 years CSJ have been successfully offering an independent and unbiased service on all matters relating to any form of UK property.

Christopher St James - Colliers Wood

UNDER OFFER Freehold investment / development opportunity for sale. Comprises a mix of industrial units, office space and hard standing area. 0.5 miles to Tooting Rail Station. Sole Agents Description - UNDER OFFER Investment / development opportunity The property is on a single title with 2 separate detached buildings comprising Car repair / MOT station let on a long lease which expires in 2027 and office space let on short term agreements with 2 months notice required for vacant possession. Title Nos: SY159723 Plot size: 0.121 acres Use Class: E Class Listed Building: No Flood Zone: No Local Authority: Merton Location - The property occupies a prominent corner position along the A217 London Road at its junction with Dennis Reeves Close on the edge of Mitcham Town Centre with quick access to neighbouring Streatham, Tooting & Colliers Wood Nearest Stations: Tooting British Rail Station - 0.5 miles (Thameslink Services) Colliers Wood Underground Station - 1 mile (Northern Line Services) Tenancies / Income - MOT Station: 20 year lease expires Nov 2027 - Passing Rent £36,000 pa Occupying the majority of the ground floor space in the front office building, yard space and all units industrial units to the rear Private tenants: Short term license agreements with 2 months notice required for vacant possession - Passing rent £24,000 pa let separately to two private individuals Total Passing Rent: £60,000 pa Planning - Subject to the relevant consents it is felt the site would lend itself to a mixed use or residential development Scope also exists for extension / refurbishment works to increase the rental income Terms - Guide Price £1,000,000 Freehold Please be advised that subject to planning offers are not being considered Viewing - Viewings are strictly by appointment only Running businesses are in occupation and interested parties are asked not to approach staff

Property reference 32862530. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Christopher St James - Colliers Wood.

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 Broadband availability and predicted speed: obtained from Ofcom on February 3, 2024

 Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

 Basic: Up to 30 Mbit/s 
 Super-fast: Between 30 Mbit/s and 300 Mbit/s 
 Ultra-fast: Over 300 Mbit/s

 The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: <a href="https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2">https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2</a>

 Mobile phone signal availability and predicted strength: obtained from Ofcom on February 3, 2024

 Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

 Clear: No bars, no signal predicted 
 Red: One bar, reliable signal unlikely 
 Amber: Two bars, may experience problems with connectivity 
 Green: Three bars, likely to have good coverage and receive a data rate to support basic web services 
 Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

 Energy Performance data and Internal floor area

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Marketing Particulars 118   120 London Rd, Mitcham

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Tooting

Mitcham Eastfields

Colliers Wood Underground

UNDER OFFER Freehold investment / development opportunity for sale. Comprises a mix of industrial units, office space and hard standing area. 0.5 miles to Tooting Rail Station. Sole Agents

Plot for sale

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