Kingston Road, Wimbledon SW20

  Ref 024134    

Kingston Road, Wimbledon SW20

Ref 024134

  • £850,000  

    For Sale

    £850,000  

    For Sale

  • Description

    Ground floor newly created premises in a great position virtually opposite Wimbledon Network Rail Station. Let to franchise F45 Gyms on a 10 year lease from 2020 at £62,000 pa. There is an upward only rent review in the 5th year of the term. £850,000 sought for the investment. The property is elected for VAT.

    Gallery

    Area

    Ground floor unit 2200 sq ft (205 sq m)

    Lease

    A full repairing and insuring lease for a term of 10 years from January 2020 at a commencing rent of £62,000 pa plus VAT. The lease is within the Landlord & Tenant Act 1954. An upward only rent review at the 5th year of the term.

    £850,000 (eight hundred and fifty thousand pounds) sought for the investment, subject to the tenancy detailed above.

    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 .

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    For Sale

    £850,000