Buzz Bingo Tooting, Mitcham Road, SW17 9NA
£139.15 per sq ft
Business rates & charges may apply
- SIZE AVAILABLE
47,503 sq ft
4,413 sq m
- SECTOR
Leisure facility for sale
- USE CLASSUse class orders: Sui Generis
sui_generis_3
Key features
- Prime Leisure Investment let to Buzz Group Ltd
- Excellent South London high street location neighbouring a variety of national retailers including Sainsbury's and Primark
- The property is a 1930s build, Grade I listed building
- FRI Lease to Buzz Group Ltd. Unexpired term of 15.7 years. Expiry 18th December 2039
- Current low rent of £423,779 p.a. equating to £8.92 psf
- Annual RPI uplifts collared and capped at 1% and 4% with the next rent review in December 2024
- The property extends 47,503 sq ft (4,413 sq m) on a 0.97 acre (0.39 hectares) site and benefits from a strong alternative use underwrite
Description
Buzz Bingo Tooting is located at 48 Mitcham Road approximately 6 miles south of London city centre.
Buzz Bingo Tooting is conveniently located near several public transport links making it easily accessible from all directions. The nearest tube station is Tooting Broadway Station, 100m north west of the building and providing a direct route to London Victoria with a journey time of 20 minutes. The building is also easily accessible by road, with the A24 and A217 just a few minutes' drive away. These major roads provide direct access to the M25 and central London.
SITUATION
The property is well situated in a densely populated residential area within close proximity to the busy and vibrant Tooting High Street. The site occupies a prominent position on the high street neighbouring a variety of national retailers including Sainsbury's, Primark, Pret a Manger and Barclays.
PROPERTY DESCRIPTION
A converted cinema of brick construction built in the 1930s that is Grade 1 listed. The club benefits from a smoking shelter and disabled access. The building extends 45,703 sq ft on a 0.97 acre site. There is dedicated, on site parking that is shared with Sainsbury's.
Brochures
Buzz Bingo Tooting, Mitcham Road, SW17 9NA
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Tooting Broadway Station0.1 miles
- Tooting Station0.6 miles
- Tooting Bec Station0.7 miles
About CBRE Ltd, London (Licensed, Leisure & Hotel Property)
Henrietta House Henrietta Place, London, W1G 0NB
With an integrated network of over 300 wholly owned offices in more than 50 countries, our commercial property consultants advise more clients globally than any other commercial property adviser.
We work with occupiers, investors and developers of office, industrial, residential, retail and hotel property, providing strategic advice and execution for sales and leasing; tenant representation; corporate services; facilities, property and project management; appraisal and valuation; develo
Notes
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