For Sale

156 - 158 Merton Road, Wimbledon, SW19 1EG

  • Area757 sq ft (70 sqm)
  • Sale Price£975,000

Highlights

  • Prominent location
  • Investment opportunity
  • Ground floor retail units & 2 resi flats
  • Potential for redevelopment STP
  • Freehold opportunity
  • Secondary parade of local retailers
  • Prominent frontage
  • Rental income

Location

156 - 158 Merton Road is located in a prominent position fronting Merton Road at the junction with Quicks Road.

The available freehold investment is situated in a secondary parade of local retailers.

Description

The building is of traditional brick construction under a pitched tiled roof and comprises two ground floor retail shops with two residential flats and an advertising hoarding.

Income:

156 Merton Road: £6000 pa, landlords rolling 9 month break clause.
(Estimated ERV £10-12,000 pa)

158 Merton Road: £8000 pa, landlord rolling 9 month break clause.
(Estimated ERV £10-12,000 pa)


First Floor Flat 156A let by way of an AST at £1000 pcm
Ground Floor Flat 156B let by way of an AST at £900 pcm.

There are 2 advertising Hoardings. Currently occupied. The rent is currently being negotiated.
There is a Landlords break clause given 3 months notice.

Use Class B1 - Office VAT

Applicable

Rates Payable

Available upon request

EPC

Available upon request

Tenure

Freehold

Viewing

By appointment with Houston Lawrence

Documents

Agents

Nick Coughlan
  • T 020 8947 5050
  • M 07774 417 303
  • @ Email me
Back To Top