Prime Freehold Reversionary Mixed Use/Class E + C3 Investment With Development Potential For Additio

Prime Freehold Reversionary Mixed-Use/Class E + C3 Investment with Development Potential for Additional Residential STPP in Wimbledon Park :

INVESTMENT SUMMARY
• Affluent suburb of SW London with excellent transport links to Central London
• London Borough of Merton – Primary Shopping Area designation
• Four-storey Class E/Mixed-Use Reversionary Investment
• Total Accommodation: 1,956 sq ft (181.71 m²) rising to 2,179 sq ft (202.44 m²) including Terrace
• Passing Rent: £49,500 per annum with significant near-term reversionary potential to – circa - £56,000/59,000 per annum.
• Development Opportunity: London Borough of Merton has confirmed the principle of development is acceptable for a rear extension to create 2 additional self-contained flats, subject to amendment. (LBM Ref: 26/001/PREAPP)
• Freehold

LOCATION
The property occupies an excellent central trading position on Arthur Road within an identified Primary Shopping Area, situated close to local amenities and a short distance from Wimbledon Park Underground Station (District Line), providing rapid connections into Central London. Road communications are excellent with easy access to the A3 and the M25 network serving Heathrow and Gatwick airports.