No longer on the market
This property is no longer on the market
Floorplan
MapRetail property (high street)
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
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, cafés, 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.
Rooms
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, cafés, 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 )
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