Auction House London

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)

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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