Retail premises for sale in 62 -63 High Street Wimbledon, London, Greater London SW19

Description

A rare opportunity to purchase a prime position mixed-use, mid-terrace period freehold in the prestigious Wimbledon Village for the first time in over 30 years.

The ground floor benefits from double frontage providing substantial natural light into the front retail area. The unit also currently provides an office and kitchen area with access onto Lancaster Place.

The First-Floor office suite provides a bright office space presented as 3 separate offices with a Kitchen and WC.

The property also provides for 2 car parking spaces to the rear.

Highlights
- Rare prime freehold.
- Popular retail pitch.
- Approximately 0.5 miles from Wimbledon Train station.
- Affluent area.
- Strong nearby tenant mix.



Location

Wimbledon Village is situated in South West London close to Wimbledon Town Centre. The subject property occupies a prime position in Wimbledon Village which offers an attractive mix of bars, restaurants, and shops. In addition, Wimbledon Common is situated close by offering a variety of recreation facilities. Local occupiers include Giggling Squid, Caffe Nero, Bayley & Sage, The Ivy Café and Carluccio's.

Size Notes

Ground Floor - 1,647 sq ft 153 sqm
First Floor - 649 sq ft 60 sqm

Price Description

We are instructed to seek offers in the region of £2.2 million for the freehold interest. Subject to contract.

EPC

To be assessed

Tenure Comments

The ground floor will be provided with vacant possession. We believe the estimated rental value is in the region of £95,000 pax.

The first floor is occupied by Maxel Capital ltd for a term of 3 years, Outside the lta 1954 until 29th October 2025. The lease benefits from rolling breaks from May 2023. The passing rent is currently £29,000 pax.