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Consented Development of 4 flats, Wandsworth

The Gardeners, Merton Road, London, UK

Basic Facts

Property ID: 18577 Post Updated: 2024-04-22 10:06:47
Status: Type:
Tenure: Leasehold Area: 2065 sq ft
Lease Term: 150 VAT applicable: Yes

Property Description

  • Leasehold development opportunity of upper floors
  • Conversion of uppers to 4 x 1 bedroom flats
  • Total residential of 2,065 sq ft over 2 exisiting upper floors
  • Brewery to retain freehold pub and managers flat
  • Strong underlying property values

Location Description

  • The property is located on Merton Road opposite the ferrari/supercar dealership
  • Located 0.5 miles from Southfields underground station (District line)
  • Wandsworth is situated in southwest London, close proximity to central London while offering a more relaxed atmosphere
  • From trendy cafes and restaurants to boutique shops and local markets, Wandsworth offers a wide array of amenities for residents to enjoy
  • With access to multiple tube stations, bus routes, and train services, commuting in and around Wandsworth is convenient and efficient.

Tenancy & Covenant Information

  • 150 Year Leaseold
  • We are advised planning is due within the next few weeks
  • CIL of c.£70k
  • Leaseback of commercial element will be at a peppercorn ground rent
  • VAT applicable

 

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