The subject property comprises a single storey vehicle workshop, currently occupied by Mr Clutch Autocentres.
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).
Accommodation
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
Terms
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.
PRICE - £1,850,000
EPC - Band G (198)
LEGAL COSTS - Each party to bear their own legal costs incurred in this transaction.
VAT - To be advised.
RATES:
2017 List Rateable Value: £23,000
UBR 2022/2023 - £XXX in the £
Source: VOA website.
Interested parties should make their own enquiries with Merton Council to confirm the rates payable
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.
Specification
- 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