76 Mitcham Rd | London SW17 9NG
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- LoopNet Team
76 Mitcham Rd
London SW17 9NG
The Antelope · Retail Property For Sale
Investment Highlights
- Freehold public house investment
- Substantial property over basement, ground and three upper floor levels extending to approximately 1,146.9 sq m / 12,345 sq ft
- Current rent £211,538 per annum
- Lease expiry in May 2044
- Business unaffected by sale
- Prime location in the heart of Tooting close to the Underground Station, McDonald’s and Boots
- Let to the award winning pub group Urban Pubs & Bars who currently operate 54 venues across Greater London
- Five yearly RPI linked reviews subject to a collar of 2% and cap of 4% with the next rent review due on 17th May 2029. From 1st January 2030 the review index will be CPIH +1%
- We are seeking offers in excess of £3,450,000 reflecting a net initial yield of 5.75% and a capital value per square foot of £279
Property Facts
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
12,345 SF
Building Class
B
Year Built/Renovated
1902/2022
Tenancy
Single
Building Height
5 Stories
Building FAR
1.57
Lot Size
0.18 AC
Frontage
47’ on Mitcham Road
Amenities
- 24 Hour Access
1 of 1
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