156 - 158 Merton Road, Wimbledon, SW19

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.

Amenities:

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

Use Class

B1 - Business

Tenure type

Tenanted Investment

Rates Payable

Available upon request

EPC

Available upon request

Tenure

Freehold

Viewing

By appointment with Houston Lawrence