Located 9 miles south west of Central London, Merton was formed as a London borough in 1965 and encompasses towns including Mitcham, Wimbledon, Merton and Morden. Wimbledon is the largest and arguably the best known of the main towns, mainly due to its world famous annual tennis tournament.
A rural area until the 20th century, today Merton is a busy suburban commuter area and consists of residential commercial and industrial buildings.
With industry originally centred around the Merton Abbey complex on the river Wandle, when the river later lost its importance the industry around the area began to go into decline. Soon after however, the railway reached the borough and the area underwent a renewed popularity and with it, gentrification. High class department stores and the All England Croquet Club (now the world famous All England Tennis club) popped up.
Until this day the area retains a lot of its affluence and certain areas such as Wimbledon Village, located adjacent to Wimbledon Common, are highly desired locations where property is extremely expensive. As one of London’s 20 new Housing Zones further development of the area is on the horizon and although mainly residential, those seeking commercial property in Merton are not disappointed.
On average offices to let Merton command less of a premium than other London Boroughs. The area is increasingly attracting those who are looking for retail units to buy or warehouses to rent in Merton.