For Sale
INCOME PRODUCING INVESTMENT
Available
Wimbledon, London SW20
(Reference No. 024134)
Price:New 999 year lease at a peppercorn ground rent. £1,000,000 sought for the investment.
GROUND FLOOR UNIT 2200 SQ FT (205 SQ M)
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Location:
Situated on Kingston Road opposite Wimbledon Chase network rail station, which offers fast access to Central London and on to St Albans. The premises form part of a small parade which includes Co-op supermarkets and are directly opposite Tesco Local and Costa Coffee. The premises are also directly opposite the pelican crossing so there is a high footfall from the station at peak times.

Description:
The premises form part of the ground floor of what is to be a new high spec residential development. The building is currently under construction and refurbishment and due to complete very soon. The ground floor has been let from January 2020 to a franchise t/as F45 Gyms on a new 10 year FRI lease at a commencing rent of £62,000 pa. The lease is within the Landlord & Tenant Act 1954. There is an upward only rent review at the 5th year of the term.

Subject to Contract
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Claridges Commercial
Tel: 020 8559 1122  
Email:
contact@claridges-commercial.co.uk