£4,500,000

Property for sale

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Just added
Freehold

£4,500,000

(£596.66/sq. ft)

Property for sale

Kingston Road, London SW20

7,542 sq. ft

Local area information

Property location

Nearby amenities

  • Raynes Park 0.2 miles
  • Ursuline High School Wimbledon 0.3 miles
  • Hollymount School 0.4 miles
  • Wimbledon Chase 0.5 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 Wimbledon Village to find out more about the local area.

Features and description

  • Freehold
Location
The property occupies a prime high street position in the heart of Raynes Park, a
thriving suburban district in southwest London. The property benefits from a
prominent frontage on the A238 (Kingston Road) a key arterial route linking
Wimbledon, New Malden, and Kingston-upon-Thames. The immediate area is a
well-established commercial zone, with a diverse mix of independent retailers, cafes, restaurants, and national brands. Neighbouring occupiers include Tesco Express, Co-op
Food, and various convenience stores, estate agents, and salons, creating a vibrant
and active trading environment.

Description
This standout mixed-use property arranged over 4 floors has recently undergone a
high-quality refurbishment, delivering premium commercial and residential space.
The ground floor boasts a highly visible commercial unit with excellent street
frontage perfectly positioned for retail, office, or hospitality use (subject to necessary
consents).
The upper parts consist of 9 flats with three 1 bedroom and six 2 bedroom flats split
amongst three floors.

User
The premises fall under Class E & C3 of The Town and Country Planning Use Classes)
(Amendment) (England) Regulations 2020.
EPC

A new Energy Performance Certificate has been commissioned and will be available
shortly.

Local Authority
London Borough of Merton.

Accommodation Schedule

The property offers the following (NIA) approximate dimensions:

Tenure
Freehold with vacant possession.

Terms
Offers in excess of £4,500,000are invited for our clients Freehold interest. A
purchase at this level will provide a low per sq ft of £651 for the residential
element, whiulst the commercial parts area shown at a niy of 8%.

Area Comaprable
The table below indicates that the average psf around the area is £801.68. This
newly refurbished freehold building offers 5,964 sq ft of high-quality residential
space in an area where similar properties are selling for around £801.68 per sq
ft.There is also strong break-up potential sold separately, allowing for a higher
combined resale value close to £4.8 million just on the residential. A great
opportunity for investors looking for a turnkey asset with strong upside potential.

Legal
Each party to bear its own legal costs.
VAT

The property has not been elected for VAT.
Aml

In accordance with Anti-Money Laundering Regulations, we shall require additional
information from the purchaser/tenants so that an online verification can be
undertaken

More information

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Property descriptions and related information displayed on this page are marketing materials provided by - Willmotts. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Willmotts for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. London
  4. South London
  5. Bushy Mead
  6. Wimbledon Chase
  7. Kingston Road