339 London Rd 11,344 SF 100% Leased Flex Building Mitcham CR4 4BE $173,948 ($15.33/SF)

LOT 77 *FOR SALE BY ONLINE AUCTION* on 25th March 2026

Freehold Industrial Investment

Situated off London Road, close to the local shopping/travelling facilities including Mitcham Tram Stop and Mitcham Junction Station. Mitcham Common is also nearby.

An End of Terrace Industrial Building of approximately 2,000 sq ft with accommodation arranged on Two Floors comprising:

First Floor
Ancillary Accommodation

Ground Floor
Workshop Area

Let on a Lease for a term of 3 years from 1st September 2021 at a rent of £20,000 per annum. The Tenant is currently holding over.

Producing £20,000 Per Annum

Note 1: The auctioneers have not measured the property and the size quoted has been provided by the vendor. Buyers must rely on their own enquires.

Note 2: The property may have potential for change of use, subject to obtaining any necessary consents. Buyers must rely on their own enquiries.

EPC Rating
E

*Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide. Guide prices will be continually updated on our website up until the day of the auction.

There is a buyers fee payable to McHugh & Co of £1,200 incl. VAT for lots sold over £10,000. Lots sold for less than £10,000 a buyers fee of £300 incl. VAT is to be paid to McHugh & Co.

The seller may charge additional fees payable upon completion. If applicable, such fees are detailed within the special conditions of sale available in the legal documentation. Buyers are deemed to bid in full knowledge of this.