Retail premises for sale in 9-23 Leopold Road, Wimbledon, London SW19
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Property description
Key Points
Description
The property comprises a handsome terrace of 7 shops let to 6 tenants with apartments above over a 0.217-acre site. The parade was constructed in the late 19th Century. The shops provide a good mix of accommodation sizes and configurations, all of which are serviced from the front, off busy streets with excellent frontage.
Offers invited in excess of £6,436,000 (Six Million, Four Hundred and Thirty-Six Thousand Pounds), representing an Initial Net Yield of 6% of commercial income (£2,265,000) and £575 per sq ft on the residential uppers (£4,171,050), which reflects a significant discount to the wider Wimbledon residential market at £750 per sq ft. A sale at this price reflects a capital value of just £490 per sq ft of the total gia.
Location
The property is located on Leopold Road which forms a local retail parade in the Wimbledon Park area, lying half a mile to the north of Wimbledon town centre in south west London in the London Borough of Merton. The parade primarily serves the Wimbledon Park area with all shops occupied by independent retailers catering for the everyday needs of the resident population. The wider area is an affluent residential neighbourhood with a good range of boutique retailers, upmarket chain stores, a large Waitrose (c.200 metres), and healthy amount of green outdoor spaces and parks.
Property info
9_Leopold Roadfloorplan1.pdf View original
View Floorplan 1(Opens in a new window)
11_Leopald Roadfloorplan1.pdf View original
View Floorplan 2(Opens in a new window)
13_Leopold Roadfloorplan1.pdf View original
View Floorplan 3(Opens in a new window)
15_Leopold Roadfloorplan1.pdf View original
View Floorplan 4(Opens in a new window)
17_Leopold Roadfloorplan1.pdf View original
View Floorplan 5(Opens in a new window)
19_Leopold Road_Floorplan1.pdf View original
View Floorplan 6(Opens in a new window)
21_Leopold Road_Floorplan1.pdf View original
View Floorplan 7(Opens in a new window)
23_Leopold Roadfloorplan1.pdf View original
View Floorplan 8(Opens in a new window)
* Sizes listed are approximate. Please contact the agent to confirm actual size.
For more information about this property, please contact
Strettons City & City Fringe, EC2A on +44 20 8022 4551 * (local rate)
Disclaimer
Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Strettons City & City Fringe, and do not constitute property particulars. Please contact Strettons City & City Fringe for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.