The property comprises a mid-terraced ground floor retail unit. It has a rear conservatory and bathroom with WC and shower. There is rear parking for 1 car.
The first floor comprises a 2-bed self contained flat.
Location
The property is located just over ½ a mile from Morden Underground station (Northern Line), with its regular services to the West End and City. Wimbledon town centre is just over 2 miles to the north whilst Sutton town centre is 3 miles to the south.
The property is located close to the junction of St Helier Avenue (A297) and Arras Avenue.
Accommodation
Ground Floor Retail - 658 sq. ft. (61.16 sq. m.)
Kitchen - 41 sq. ft. ( 3.81 sq. m.)
Conservatory - 142 sq. ft. (13.23 sq. m.)
Total GF - 841 sq. ft. (78.20 sq. m.)
First Floor Flat - 441 sq. ft. (41.00 sq. m.)
TOTAL - 1,283 sq. ft. (119.20 sq. m.)
Terms
TENURE - Total rent potential of £36,800 pax.
Freehold subject to vacant possession on Ground Floor Shop, and Assured Shorthold Tenancy on Flat above. The flat could also be vacant, if required.
PRICE - Freehold offers invited.
Shop/Class E Unit - Available to rent on a new lease on terms to be agreed at £20,000 pax. Potential change of use to 2 flats, subject to planning.
Flat - 2-bedroom flat recently refurbished and let on an AST at £16,800 p a, exclusive of Council Tax and Utilities. Vacant possession possible.
RATES / COUNCIL TAX:
GF Rateable value (2023): £6,700
The 2026/27 UBR is 38.2p in the £.
Small Business Rates Relief may be available.
Flat - Council Tax Band B
Interested parties should make their own enquiries with Merton Council to confirm the rates and Council tax payable.
VAT - We understand VAT is not applicable to the price.
LEGAL COSTS - Each party to bear their own legal costs incurred in this transaction.
Specification
- Of interest to investors and owner occupiers
- Short walk to Morden station (Northern line)
- First floor flat – recently refurbished, 2 bedroom, living room, new kitchen and bathroom
- Prominent location.
- High traffic flow passing the property.
- Car parking available.