Retail premises for sale in 156 - 158, Merton Road, Wimbledon SW19

£975,000 (£1,287.98/sq. ft)
Retail premises for sale 757 sq. ft*
Interested in this property? Call +44 20 3641 4518 * or Request Details

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Property features

  • 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

Property description

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.

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.

Accommodation:
156 Merton Road (gf retail): 340.00 sqft
158 Merton Road (gf retail): 417.00 sqft
Total: 757.00 sqft

* Sizes listed are approximate. Please contact the agent to confirm actual size.

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For more information about this property, please contact
Houston Lawrence, SW18 on +44 20 3641 4518 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Houston Lawrence, and do not constitute property particulars. Please contact Houston Lawrence 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.

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