Commercial Investment Property For Sale in Wimbledon, London, SW19

This property is marketed by:
Andrew Scott Robertson Commercial

Key Features

• Freehold interest
• First time on the market
• A minute’s walk from Wimbledon station to provide 3-way connectivity to London Underground, South Western and Thameslink trains and Tram services
• Prominent building opposite Wimbledon Quarter
• 3,789 sq. ft. (352.00 sq. m.)
• Single let to local well established firm of solicitors
• Passing rent £118,250 per annum exclusive
• Price – £2,000,000 • Net Initial Yield – 5.58% (assuming purchaser’s costs of 5.98%)

Location

Wimbledon is a highly renowned suburb of southwest London, located in the London Borough of Merton, 8 miles South West of the City of London. Most famously known for the annual Wimbledon tennis tournament and home to the All England Lawn Tennis, its strategic location and excellent transport connections have attracted a number of commercial occupiers and established it as a sought after commercial as well as an affluent residential district. Being one of the most highly sought after residential locations in the capital, Wimbledon has fostered an underlying popularity with professionals and families. Set amongst handsome period buildings, the town boasts an array of famous high street names as well a wide range of quirky independent cafes, bistros, restaurants and pubs. It also borders Wimbledon Common, one of the largest areas of common land in London totalling 460 hectares (1,100 acres).  

Capital Value - £528 per sq. ft.