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19A Rowan Rd 1,558 SF 100% Leased Retail Building London SW16 5JF $728,081 ($467.32/SF) 6.47% Cap Rate
Investment Highlights
- Rowan Road, SW16 location on the borders of Streatham and Mitcham
- Close to local amenities and transport links serving Streatham and surrounding districts
- Well-established South London residential and local retail area
Executive Summary
The property comprises one large commercial shop currently split into two retail units, with three residential rooms, a bathroom, and a kitchen on the first floor. The property also offers future extension potential (subject to planning permission).
Tenancy Schedule
Residential:
Room 1: Tenancy commenced 05/06/2024 – £10,200 per annum
Room 2: Tenancy commenced 19/09/2023 – £8,400 per annum
Room 3: Vacant
Commercial:
19 Rowan Road: Lease commenced 08/05/2023 for a term of 7 years; £10,000 per annum
19A Rowan Road: Lease commenced 08/05/2023 for a term of 5 years; £7,000 per annum
Total Rental Income: £35,600 per annum (with one vacant room)
Gross Yield: 6.47%
This represents a strong mixed-use investment opportunity with immediate income and asset management potential in a well-established South London location.
Tenancy Schedule
Residential:
Room 1: Tenancy commenced 05/06/2024 – £10,200 per annum
Room 2: Tenancy commenced 19/09/2023 – £8,400 per annum
Room 3: Vacant
Commercial:
19 Rowan Road: Lease commenced 08/05/2023 for a term of 7 years; £10,000 per annum
19A Rowan Road: Lease commenced 08/05/2023 for a term of 5 years; £7,000 per annum
Total Rental Income: £35,600 per annum (with one vacant room)
Gross Yield: 6.47%
This represents a strong mixed-use investment opportunity with immediate income and asset management potential in a well-established South London location.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
1,558 SF
Building Class
C
Year Built
1900
Price
$728,081
Price Per SF
$467.32
Cap Rate
6.47%
NOI
$47,107
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.04 AC
Frontage
12’ on Rowan Road
Amenities
- Signage
1 1
Nearby Major Retailers
1 of 11
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19A Rowan Rd
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