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Industrial units for auction in London (region)

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** UNSOLD, AVAILABLE AT £2M **

A modern warehouse (B8) building of approximately 10,330 sq ft on a site of approximately 0.30 acres with planning submitted for a new build development near good road links and Underground station.

Tenure
Freehold.

Location
Located in the popular Wimbledon Park area within the London Borough of Merton
Situated in an accessible location on a slip road off the west side of Durnsford Road (A218), south of its junction with Arthur Road
Local shopping amenities are close by along Arthur Road, whilst the retail and commercial centres of Wimbledon, together with the fashionable shops, restaurants and cafés of Wimbledon Village, are conveniently nearby
The leisure areas of Wimbledon Park and Wimbledon Common are easily accessible
Access to the A3 provides good road links into Central London and to the M25
Wimbledon Park (District Line)
Wimbledon
Wimbledon (Croydon Tramlink)

Description
A modern detached double storey warehouse (B8) building with ancillary showroom and offices forming part of a larger rectangular shaped site
Two entrance gates provide access to a forecourt parking and open storage area
There is a rear frontage to The Crescent

Accommodation
Warehouse Gross Internal Area approximately 10,330 sq ft
Frontage to Durnsford Road approximately 75ft
Maximum site depth approximately 195ft
Frontage to The Crescent approximately 45ft
Site Area approximately 0.30 acres

Tenancy
The property is let to Andrew Martin International Ltd on a 10 year lease from 11th October 2016 at a rent of £75,000 per annum. Rent review after 5 years. Landlord or the tenant may terminate this lease at any time by serving a break notice at least six months before the relevant break date.
There is an option to renew the lease at a rent of £100,000 per annum with the current tenant.

Planning
An application was submitted to London Borough of Merton on 15th March 2018 for ‘demolition of existing buildings and erection of a three storey with set back fourth storey building to provide 302 sq m of commercial floor space and 19 flats, together with parking and landscaping’. The proposed development would provide 5 x one bedroom, 8 x two bedroom and 6 x three bedroom apartments with a total gross internal area of approximately 21,380 sq ft.

Eight Week Completion

Viewing
If you would like to view this lot please email vmagee@savills.com
208, Durnsford Road, London, SW19 8DR
A modern warehouse (B8) building of approximately 10,330 sq ft
Type: Warehouse, Offices, Industrial
Location: 208 Durnsford Road, SW19 8DR
Size: 10330 Sq Ft
Images: 4
Brochures: 1
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