An End of Terrace Building Arranged as a Ground Floor Lock-Up Shop (Takeaway), a Ground, First and Second Floor Three Bedroom Split-Level Flat and a Rear Workshop, Fully Let Producing £42,000 Per Annum. Offered with Planning Permission for Conversion into a Lock-Up Shop, a One Bedroom House and Three Self-Contained Flats (2 x One Beds & 1 x Two Bed).

Tenure

Freehold

Location

The property is situated on a mixed use parade with other local shops and amenities. The open spaces of Morden Hall Park are within easy reach. Transport links are provided by Morden underground (Northern) and Morden South rail stations.

Accommodation

Lock-Up Shop Ground Floor Shop Area, Kitchen, WC, Shower, Yard Let on a 15 year lease from March 2018 for £13,800 Per Annum Flat 1 Ground, First & Second Floor Reception Room, Kitchen, Three Bedrooms, Bathroom, Separate WC Let on a Periodic Tenancy from September 2020 for £20,400 Per Annum Rear Workshop Ground Floor Workshop Area Leased on a 5 year license from December 2021 for £7,800 Per Annum

Planning

Merton Borough Council granted the following planning permission (ref: 23/P2841) (Subject to S.106) on 08/03/2024: 'Demolition of rear extensions and construction of part two part single storey rear extensions, hip to gable and rear dormer roof extensions with rear and front roof lights to facilitate the part change of use of shop and workshop to C3 (Residential) use to provide 4 self-contained flats (2x1-bed flats and 1x2-bed flat and 1x1 bed house) with associated refuse and cycle store'.

Proposed Accommodation

Take-Away Shop Ground Floor Shop Area with Kitchen & WC Flat 1 Ground Floor Reception Room, Kitchen, Bedroom & Bathroom Flat 2 First Floor Reception Room, Kitchen, Two Bedrooms (One with En-Suite), Bathroom Flat 3 Second Floor Reception Room with Open-Plan Kitchen, Bedroom, Bathroom House Ground Floor Reception Room with Open-Plan Kitchen, Bedroom, Office, WC, Bathroom

EPC Rating

50 - C 50A - D

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Additional Fees

Administration Charge - Purchasers will be required to pay an administration fee of £1,500 inc VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.