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203-207 Merton Road, Wimbledon SW19 B2 General Industrial for sale

£1,400,000

Property description

    Property features

  • Industrial
    (Industrial)
  • Dimensions: 458 m2
    (4929 ft2)

The property comprises a single-story car repair workshop, over the ground floor only, let to Mr Clutch.

The property represents an ideal mixed use investment/development opportunity.

Location: The property is prominently positioned on Merton Road and benefits from excellent transport links. The unit is a 1 minutes walk from South Wimbledon Underground Station which provides access to the Northern line. Merton Road also provides access to various bus routes which gives access to areas such as Wimbledon and Mitcham. The unit is surrounded by multiple successful retailers including Tesco Express, Sainsbury's local and Costa Coffee, Simplyfresh and KwikFit.

Terms & conditions: Mr Clutch Autocentres Limited occupy the unit on a 15-year lease from November 2007. The current passing rent is £30,000 + VAT.

Business rates: We have been advised that as of the 1st April 2017 the rateable value is £23,000 per annum. Rates payable are in the region of £11,293 per annum, we would strongly advise any interested parties to discuss this with the local council for a precise figure.

Sale: We are instructed to seek offers in the regio of £1.4 million for the property freehold.

Additional information

Tenure

Freehold

Nearest stations

  • South Wimbledon (0.1 miles)

Property location map

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