Lot 13
Residential Development - Commercial Property
94-98 Merton High Street
South Wimbledon, London, SW19 1BD
Unsold, the last bid was £2,390,000. Please refer to Auctioneer for Reserve
A Substantial Development Opportunity Currently Arranged as Three Mixed Use Buildings, a Detached Office Building and a Row of Three Garages Offered with Planning Submitted for Conversion to Provide 9 Self-Contained Units (Potential for Further Development, Subject to Obtaining all Consents)
Description
The site comprises of three mid-terrace mixed use buildings similarly arranged to provide a ground floor commercial unit, and a three bedroom split level maisonette arranged over ground, first and second floors in each building.
Tenure
The site is held on three separate Freehold Titles
Location
The property is situated in the sought after South West London area of Wimbledon close to local shops and amenities. Transport links are provided by Wimbledon rail station (Overground) and South Wimbledon (Northern Line) underground station.
Accommodation
94/96/98 Merton High Street
Ground Floor
3 x (B1) Offices
2 x Self-contained Studios with gardens
1 x Kitchen/Diner with access to garden
(Potential for further development)
First Floor
3 x Three Bedrooms
3 x Bathrooms
Second Floor
3 x Reception Rooms
3 x Kitchens
Building on Hotham Road Mews
Ground Floor
1 x Detached Office, Kitchenette & WC
(Potential for further development)
Ground Floor
3 x (B1) Offices
2 x Self-contained Studios with gardens
1 x Kitchen/Diner with access to garden
(Potential for further development)
First Floor
3 x Three Bedrooms
3 x Bathrooms
Second Floor
3 x Reception Rooms
3 x Kitchens
Building on Hotham Road Mews
Ground Floor
1 x Detached Office, Kitchenette & WC
(Potential for further development)
Exterior
The properties benefits from a block of three garages.
Tenancy
94a and 96a Merton High Street are subject to Assured Shorthold Tenancies, please refer to the legal pack for further details.
Proposed Accommodation
| Floor | Proposed Accommodation |
|---|---|
| Ground | Detached Office with Potential for Further Development (Subject to Planning) |
| Ground | 2 x Self-Contained Studio Flats 3 x Self-Contained One Bedroom Flats |
| First & Second | 3 x Self-Contained Three Bedroom Split Level Flats with Roof Terraces |
| Planning Reference | Planning Description |
| 20/P1994 - Granted on 03/09/2020 | Prior Approval for B1 to C3 for 94-98 Merton High Street |
| 20/P2897 - Granted on 12/01/2021 | Planning Permission for Studios to 1 Beds for 96-98 Merton High Street |
| 20/P3667 - Submitted on 20/01/2021 | Planning Permission for Front Elevations Ground Floor for 94-98 Merton High Street |
| 21/P0540 - Submitted on 25/02/2021 | Planning Permission for Alterations to Rear Building for 94 Merton High Street |
| Submitted on 03/03/2021 | Planning Permission for Roof Terraces at 2nd floor for 94-98 Merton High Street |
Joint Agent
Additional Fees
Administration charge: £1,200 including VAT unless otherwise stated in the addendum.
Buyers Premium and Disbursements: Please see the legal pack and the addendum for any disbursements and buyers premium that may be payable by the purchaser on completion.
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For further information, please register for the legal pack. To speak to a member of our team about this lot, please call us on 020 7625 9007 or email us at info@auctionhouselondon.co.uk
Enquire about 94-98 Merton High Street, South Wimbledon, London, SW19 1BD
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