Property photos
Just added
Guide price
£425,000
Retail premises for sale
Worple Road, London SW20Local area information
Property location
Nearby amenities
- Raynes Park 0.1 miles
- Hollymount School 0.2 miles
- Ursuline High School Wimbledon 0.4 miles
- Wimbledon Chase 0.7 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guides for Raynes Park, Cottenham Park and Copse Hill to find out more about the local area.
Features and description
- Positioned just moments from Raynes Park station and high street
- Strong local footfall from a mix of residents, office workers, and passing trade.
- Freehold Commercial Investment
- Residential flat above is not included in the sale
- The income from the shop is currently 41,500 per annum
- Flat 62 years with the potential for extending the lease
Summary
For sale via secure sale online bidding - terms and conditions apply.
Positioned just moments from Raynes Park station and high street, this freehold commercial premises offers an established income stream in a high-demand part of South West London.
The sale is of the freehold of the entire building, subject to and with the benefit of a short term lease of the ground floor shop and a long residential lease of the upper two floors. The commercial ground floor unit is currently let to a long standing tenant, Village Sports, which has traded from the address for over 25 years and has expressed a clear desire to remain in occupation. The residential flat has its own leasehold title which is not included in the sale. We understand the flat has approximately 62 years remaining on the lease and a ground rent of 400 pa is currently payable, but this must be verified independently. Buyers are encouraged to review the legal pack.
Raynes Park is a thriving commuter hub with fast and frequent trains to London Waterloo, and strong local footfall from a mix of residents, office workers, and passing trade. The high street offers a range of independent shops, national retailers, cafs, and restaurants, while nearby Wimbledon adds further footfall and connectivity.
This property presents an excellent opportunity for investors seeking a secure and established income in a prime South West London location, with long-term value and future asset management potential.
Please note we have not inspected this property.
Location
Positioned just moments from Raynes Park station and high street, this freehold commercial premises offers an established income stream in a high-demand part of South West London. Raynes Park is a thriving commuter hub with fast and frequent trains to London Waterloo, and strong local footfall from a mix of residents, office workers, and passing trade. The high street offers a range of independent shops, national retailers, cafs, and restaurants, while nearby Wimbledon adds further footfall and connectivity.
This property presents an excellent opportunity for investors seeking a secure and established income in a prime South West London location, with long-term value and future asset management potential.
Accommodation
The sale includes the freehold interest of the entire building, with the commercial ground floor unit currently let to a long-standing tenant. Village Sports has traded from this address for over 25 years and has expressed a clear desire to remain in occupation.
Buyers are encouraged to review the legal pack and rely on their own legal enquiries to confirm income, tenancy status, and lease terms.
Tenure
Freehold. Title number TGL82000
Rateable Value
The adopted rateable value is 12,250 as of 1 April 2023.
Council Tax
Band D
EPC
Available upon request ( Rating B and C )
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done stricly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
For sale via secure sale online bidding - terms and conditions apply.
Positioned just moments from Raynes Park station and high street, this freehold commercial premises offers an established income stream in a high-demand part of South West London.
The sale is of the freehold of the entire building, subject to and with the benefit of a short term lease of the ground floor shop and a long residential lease of the upper two floors. The commercial ground floor unit is currently let to a long standing tenant, Village Sports, which has traded from the address for over 25 years and has expressed a clear desire to remain in occupation. The residential flat has its own leasehold title which is not included in the sale. We understand the flat has approximately 62 years remaining on the lease and a ground rent of 400 pa is currently payable, but this must be verified independently. Buyers are encouraged to review the legal pack.
Raynes Park is a thriving commuter hub with fast and frequent trains to London Waterloo, and strong local footfall from a mix of residents, office workers, and passing trade. The high street offers a range of independent shops, national retailers, cafs, and restaurants, while nearby Wimbledon adds further footfall and connectivity.
This property presents an excellent opportunity for investors seeking a secure and established income in a prime South West London location, with long-term value and future asset management potential.
Please note we have not inspected this property.
Location
Positioned just moments from Raynes Park station and high street, this freehold commercial premises offers an established income stream in a high-demand part of South West London. Raynes Park is a thriving commuter hub with fast and frequent trains to London Waterloo, and strong local footfall from a mix of residents, office workers, and passing trade. The high street offers a range of independent shops, national retailers, cafs, and restaurants, while nearby Wimbledon adds further footfall and connectivity.
This property presents an excellent opportunity for investors seeking a secure and established income in a prime South West London location, with long-term value and future asset management potential.
Accommodation
The sale includes the freehold interest of the entire building, with the commercial ground floor unit currently let to a long-standing tenant. Village Sports has traded from this address for over 25 years and has expressed a clear desire to remain in occupation.
Buyers are encouraged to review the legal pack and rely on their own legal enquiries to confirm income, tenancy status, and lease terms.
Tenure
Freehold. Title number TGL82000
Rateable Value
The adopted rateable value is 12,250 as of 1 April 2023.
Council Tax
Band D
EPC
Available upon request ( Rating B and C )
Additional Information
For further information please contact our office directly on , or alternatively via email on . With regards to viewing subject property, this is to be done stricly by appointment.
Auctioneers Additional Comments
Pattinson Auction are referred to below as The Auctioneer. This auction lot is being sold under either conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details being shared between any marketing agent and The Auctioneer so that all matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid on any property marketed by The Auctioneer, all bidders buyers must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere. Our verification process is in place to ensure aml procedures are carried out in accordance with the law
Auctioneers Additional Comments
The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and the auctioneer and will typically be within a range above or below 10% of the Guide Price, Starting Bid. These prices are subject to change. An auction can be closed at any time with the auctioneer permitting for the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments
In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum of 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and the Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
More information
Listed by
Pattinson - Commercial
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