£290,000

Retail premises for sale

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Sold STC
Auction

Guide price

£290,000

(£402.22/sq. ft)

Retail premises for sale

Epsom Road, Sutton SM3

721 sq. ft

Local area information

Property location

Nearby amenities

  • Brookfield Primary Academy 0.4 miles
  • Glenthorne High School 0.5 miles
  • St Helier (London) 0.6 miles
  • Morden South 0.9 miles

These distances are calculated in a straight line. The actual route and distance may vary.

Features and description

  • Full Planning Granted
  • Retail office/shop unit
  • Lock up to rear
  • Investment opportunity
Summary

*For sale via secure sale online bidding: Terms and conditions apply.*

We are pleased to offer to auction this unusual proposition of a retail shop in a small but busy parade of mixed use shops. The office to the front was receiving a rent Circa 14,000 P/A until very recently with the tenants only vacating due to the upcoming sale of the property. We believe that the space could be suitable for a variety of uses, subject to obtain the relevant planning and licencing.

There is a small office area and a larger lockup to the rear that has just received full planning permission for a one bedroom house to be erected in its place.

Above the shop that although is not included in sale, is part of the overall freehold interest. This has no ground rent but the lease I have been informed has 65 years remaining so there will be a not insignificant value in a future marriage value when the lease requires renewing.

This could be an ideal work live project for someone, a company or a buy to let investment. The present owners are a building firm and would even offer an advantageous build cost if desired.

Please note we have not inspected this property.

Location

The subject property is located along Epsom Road, a mixed use area in Sutton. The property is close to St Heller's Hospital, local amenities and transport links. London City Centre is approximately 14 miles away.

Accommodation

Unusual proposition of a retail shop in a small but busy parade of mixed use shops. The office to the front was receiving a rent Circa 14,000 P/A until very recently. In fact only a couple of weeks ago, the tenants only left because of the upcoming sale of the property. There is a small office area and a larger lockup to the rear that has just received planning permission for a one bedroom house to be erected in its place. There is a flat above the shop that although is not included in sale, is part of the overall freehold interest.

Tenure

Freehold. Title number SGL522732

Rateable Value

The current rateable value is 9,300 (1 April 2023 to present).

Sourced from voa.

EPC

Available Upon Request (Rating C).

Additional Information

For further information please contact our office direct on , or alternatively via e-mail on . With regards to viewing the subject property, this is to be done strictly by appointment through Keith Pattinson Commercial department. Please contact us to arrange an internal inspection, or to register your interest.

Floor plans and tours

Floor plans (1)

Floor plan 1

More information

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  1. Zoopla
  2. Commercial for sale
  3. London
  4. Sutton Surrey
  5. Sutton
  6. Epsom Road

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