Wimbledon Hill Road, London, SW19
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
2
- SIZE
2,082 sq ft
193 sq m
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
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Key features
- Mixed use Freehold
- Investment Opportunity
- Excellent tenant covenant on commercial unit
- Wimbledon Town Centre
- Vacant residential apartment
- ERV £74,000 pa
Description
Commercial Unit - Ground Floor - 926 feet - £50,000 pa income
Flat G - Lower Ground Floor - 1,156 square feet - ERV £24,000 pa
Ground Rent Income - £200pa
The property is ideally located in Wimbledon town centre and comprises a residential property on the lower ground floor, commercial property let on a long lease to the Sushi company, and ground rent income.
The commercial unit is let with an excellent tenant covenant to the Sushi company on a long lease. Flat G is currently owner occupied and offered with vacant possession. The freehold has the commercial unit plus four residential properties, with three of the residential properties sold off. In addition to the rental income from the commercial unit and potential rent from the residential property there is also ground rent income of £200 pa.
We are instructed by our client that the property is not registered for VAT.
The property is located in Wimbledon town centre, close to the station and with a wealth of amenities nearby. The parade is home to retailers such as Pho, Nationwide, Wagamama's and Buenos Aires steakhouse. Wimbledon is a world famous area of London known for the Tennis Championships and as an affluent area popular with young professionals, families and tourists alike. Wimbledon station is nearby offering overground, underground (district and circle lines) and tram routes.
Energy performance certificate - ask agent
Council TaxA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council tax in our glossary page.
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Wimbledon Hill Road, London, SW19
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Wimbledon Station0.1 miles
- Dundonald Road Tram Stop0.3 miles
- Merton Park Tram Stop0.7 miles
About the agent
Dexters Development & Investment, London
20 Claremont Road, Surbiton, KT6 4QU
London covered
Our dedicated team of specialists have a well-established track record of achieving clients more than the market value for land, development and investment projects across the capital. Members of RICS, our qualified chartered surveyors uphold their reputation for integrity and professionalism.
Based in one of the Dexters ‘Centres of Excellence, our experts focus solely on development services for clients including Croudace Homes, Barratt Homes, Berkeley Grou
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Visit our security centre to find out moreDisclaimer - Property reference 42WimbledonHillRoad2. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Dexters Development & Investment, London. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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