Mixed use investment property for sale in Wimbledon, London

This property is marketed by:
Andrew Scott Robertson Commercial

Key Features

• Freehold Interest
• Less than a 5-minute walk from Wimbledon station to provide 3-way connectivity to London Underground, South Western and Thameslink trains and Tram services.
• Prominent building opposite New Wimbledon Theatre
• 3,083 sq. ft. (286.44 sq. m.)
• 4 tenancies with 3 expiring in 2037 or beyond
• Rent reviews due on 3 leases within the next 2 years with scope for increases
• Total passing rent £91,640 per annum exclusive
• Net Initial Yield - 6.08% (assuming purchaser's costs of 5.76%
• Capital Value - £462 per sq. ft.

Mixed commercial freehold investment for sale. Prominent building opposite New Wimbledon Theatre. Central to Wimbledon town centre and 5 minute walk from Wimbledon station.

Location

89-91 The Broadway is situated on The Broadway (A219) which is the main thoroughfare heading south from the town centre. The properties are situated approximately 0.3 miles south east of Wimbledon station and the town centre, which is a 5 minute walk. The buildings are surrounded by a wealth of amenities, well provisioned with extensive shopping facilities, bars, restaurants and cafes with international brands alongside boutique operators. Wimbledon is home to a diverse range of occupiers both national and international.