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Mixed-Use Value-Add Retail and Residential in Wimbledon, SW19

146 Merton High Street, Wimbledon, London, SW19 1BA
For sale
£790,000
andrew-scott-robertson-commercial
This property is marketed by:
Andrew Scott Robertson Commercial

THIS PROPERTY IS CURRENTLY UNDER OFFER

About the Property

 

Sought after investment property with development potential – retail with 2 flats above. Good public transport links, vacant possession of ground floor. Scope for development to rear ground floor, subject to usual consents.

 

Key Features

 

 

 

Description

 

The property comprises an end of terraced property arranged over ground and two upper floors. The ground floor is currently let but will be offered with vacant possession. The upper floors comprise two flats. The first floor flat comprises 2 bedrooms, whilst the top (2nd) floor flat consists of a bedsit with loft area (possible bedroom). 

 

Location

 

The property is located close to South Wimbledon Underground station (Northern Line). Wimbledon Train station is approximately 1¼ miles from the property, serving London Waterloo (19 mins), London Underground (District Line) and Tramlink (to Croydon and Beckenham). The property is highly prominently located on the junction of Merton High Street and Victory Road. Haydons Road Train station is approximately ¾ of a mile to the north, with its regular services to London and Sutton. Numerous bus routes pass the property

 

Size

 

1,971 Sq Ft (183.15 Sq. M)

 

Tenure

 

£790,000 for the freehold interest with vacant possession of ground floor. NIY 7.20% once ground floor let.

 

EPC

 

GF – TBA

 

Flat A – Band D (56) Expires 10 May 2027

 

Flat B – Band E (44) Expires 10 May 2027

 


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