Pub With Development Potential, 23 High Path, Wimbledon, SW19 2JY

Opportunity to purchase a freehold pub with development potential in a desirable location. The pub is a two-story building and occupies a site of 0.05 acres, there is a small garden to the rear. The property will be next to a new recreational, green space created as part of the surrounding regeneration work. The property comprises a pub with a flat above (total floor area of 1,671 sq ft) arranged over basement, ground and first floors (suis generis). The overall plot size measures 2,089 sq ft.

The property will be sold with vacant possession and could be redeveloped to provide alternative uses such as café, daycare centre or offices

Location

The property is located on the corner of Pincott Road and High Path in the middle of the High Path Estate. The High Path Estate is undergoing a comprehensive phased regeneration to create a sustainable, vibrant, mixed use, mixed tenure community. Phase 1 of the proposal includes up to 1,700 new homes and 10,000 sq m of commercial retail, office and community uses. A new school has been built directly opposite and 134 new dwellings on the adjacent site of the Old Lampworks are currently under construction.

South Wimbledon underground station is a five-minute walk from the property and provides access to the Northern Line service.

Accommodation

Size - 0.05 acres

Terms

Price - £600,000

Rateable Value - £8,750

Specification

• Redevelopment to alternative uses such as a café, daycare centre or offices given the property will be adjacent to a newly created amenity space on the High Path Estate
• Close proximity to South Wimbledon underground station which provides access to the Northern Line service
• The property will appeal to owner-occupiers, developers and investors