Offers over
£3,000,000
(£605.82/sq. ft)
Land for saleMerton Road, Wimbledon SW19
4,952 sq. ft
About this property
Fantastic Investment Opportunity
9x self-contained apartments plus freehold
5x 1 bedroom and 4x 2 bedrooms
Sold with tenants in situ
Current passing rents £169,740 p.a. (erv £202,800 p.a.).
Potential development scope (Air Rights) subject to planning permissions
For Sale - The Freehold plus 9x apartments in this modern purpose built block.
The Ground Floor Commercial unit has been sold off on a long leasehold 999 years (Unexpired 979 years).
Being sold with tenants in situ.
Current passing rents £169,740 p.a. (erv £202,800 p.a.).
There are 9 apartments approx. 460.1 Sq. M (4,952 sq. Ft.) arranged over the Ground, First & Second Floors.
The configuration is 5x 1 bedroom and 4x 2 bedroom apartments all self contained with own kitchen and bathrooms. Two with Gardens.
The leases on the residential apartments are 125 years from 2005 (105 years unexpired).
The apartments are held in part by an Individual and in part within a clean spv.
There may be some Development scope (Air Rights) subject to the usual planning permissions.
The site is being sold subject to contract only - unconditional purchase.
Tenure - Unencumbered Freehold hmlr Title Number SGL99458
The Ground Floor Commercial unit has been sold off on a long leasehold 999 years (Unexpired 979 years).
Being sold with tenants in situ.
Current passing rents £169,740 p.a. (erv £202,800 p.a.).
There are 9 apartments approx. 460.1 Sq. M (4,952 sq. Ft.) arranged over the Ground, First & Second Floors.
The configuration is 5x 1 bedroom and 4x 2 bedroom apartments all self contained with own kitchen and bathrooms. Two with Gardens.
The leases on the residential apartments are 125 years from 2005 (105 years unexpired).
The apartments are held in part by an Individual and in part within a clean spv.
There may be some Development scope (Air Rights) subject to the usual planning permissions.
The site is being sold subject to contract only - unconditional purchase.
Tenure - Unencumbered Freehold hmlr Title Number SGL99458
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