Development opportunity for sale in Wimbledon

COMMON USE CLASS: A1 Shops, C3 Dwelling Houses

This property is marketed by:
Andrew Scott Robertson

Location

The property is located close to the junction of Merton Road with Merton High Street and Kingston Road. South Wimbledon Underground station (Northern Line) is within a short walk.

The unit is located within a local shopping parade with numerous bus routes passing the property.

Wimbledon Train station is approximately 1 mile to the north west, with its regular services to London Waterloo (19 mins) and connections to the London Underground (District Line) and Tramlink (linking Croydon and Beckenham).

Description

The subject property comprises a single storey vehicle workshop, currently occupied by Mr Clutch Autocentres.

Tenure

Freehold subject to lease to Mr Clutch Autocentres Limited, expiring 18th November 2022 at £30,000 pax. The lease is inside the Landlord and Tenant Act 1954 Part 2.

Amenities:

• Almost directly opposite South Wimbledon underground station (Northern Line)
• Scheme prepared for retail unit with 4 x 1 bed and 3 x 2 bed flats.
• Prominent location.
• High traffic flow passing the property.

Planning

We are advised that planning permission has been granted (subject to completion of a s106 Agreement, excluding parking permit rights). Application 21/P3878 refers.

Ground Floor - Retail - 1,184 sq. ft. (110 sq. m.)

Ground Floor - Residential - 2 x 1 bed flats

First Floor - Residential - 1 x 1 bed flat; 2 x 2 bed flats

Second Floor - Residential - 1 x 1 bed flat; 1 x 2 bed flat.