Initial price	£1,800,000
17/10/24	£1,500,000
Price Change	-16.67%

This property is a freehold commercial site located on Mitcham Road, with a guide price of £1,500,000. The site currently comprises a ground floor retail/showroom, first floor office space, and a large warehouse/storage area to the rear. Planning permission has been granted to redevelop the site into 8 residential units and a retail space at ground floor, with the option to retain the existing commercial premises. The property is situated in a convenient location, close to cafes, restaurants, and bars, as well as transport links including Tooting Overground and Underground Stations. The site is also close to Tooting Rail Station, providing Thameslink services. The property would be suitable for a range of alternative uses, including redevelopment, and the current owners have obtained planning consent for residential and commercial use.