16-18 Replingham Road, Southfields, London, SW18 5LY
4,916 Sq Ft / Other
For Sale
- £1,750,000.00
Available - Last updated: 20 November 2024
Summary
The subject property, formally Barclays Bank, comprises ground and basement-level accommodation that has been stripped out by the current Landlord – therefore creating a blank canvas for potential future occupiers. The unit is double-fronted and benefits from a large, visible glass façade and rear windows to the rear providing additional light sources. The basement contains several separate rooms including the former concrete and steel vault – creating an interesting potential feature.
2 Village Mews – This two-bedroom property is let on an AST generating £1,800 pcm from April 2019. The unit measures 807 sq ft / 75 sq m and is of modern construction. This property is in excellent condition and benefits from high levels of natural light and a private secluded mews location.
18A Replingham Road – Is equally let on an AST and generates £2,000 pcm from May 2021. The property measures 1,324 sq ft / 123 sq m and is in need of some light remedial work. This portion of the property does however benefit from a large west-facing terrace with attractive views of west London and benefits from 3 large bedrooms.
Key Points
Vacant double-fronted commercial space.Commercial ERV. Approx. £70,000 per annum.Premium pitch in affluent SW London community.Two fully let residential units.Exceptional Capital Value £355 p/sq/ft.Generous proportions – 4,916 sq ft / 456.7 sq m (GIA).Location
Replingham Road is well-located in the heart of Southfields Village, generally popular with families and young professionals. Southfields Underground Station is moments away, offering District Line access into central London. The general area is populated with a mix of premium tenants, including Waitrose, Café Nero, Gails, and Franco Manca which service the affluent local residents. It is also the closest stop to the famous AELTC, home to the Wimbledon Tennis Championships. The summer festivities dramatically increase the level of passing trade creating an outstanding opportunity for tenants to increase revenues over this period.Terms
Title and Tenure: The Freehold is held under Title Number 54925 & will be sold with the benefit of Long Leasehold Titles (TGL247166 & TGL249330).
Rateable Value: Interested parties are advised to make their own enquiries with the Local Authority (London Borough of Wandsworth).
Method of Sale: The site will be sold by way of Private Treaty.
VAT: TBC.
Viewings: Strictly through the sole agents, Winkworth Commercial on 020 7355 0285 and made by prior appointment.
EPC: Available on request.
Proposal: We are instructed to invite offers in the region of £1,750,000 for the Freehold interest.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£1,750,000.00
| NA |
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