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Freehold Double Fronted Shop & 2 Bedroom Flat For Sale - 16 Malden Road, Cheam, SM3 8QF

For sale: £600,000.00|1540 Sq Ft|Residential, Retail, Flat, House, Residential Land, General Retail, Retail - High Street, Land, Healthcare, Mixed Use, Showroom, Other, Commercial Land, Other Property Types & Opportunities

PROPERTY DETAILS

FOR SALE£600,000.00
SIZE1540 Sq Ft
ADDRESS 16, Malden Road, Sutton, SM3 8QF
TYPEResidential, Retail, Flat, House, Residential Land, General Retail, Retail - High Street, Land, Healthcare, Mixed Use, Showroom, Other, Commercial Land, Other Property Types & Opportunities
TENUREDevelopment Opportunity, Investment Opportunity, For Sale Freehold
POSTED ON17th January 2020

DESCRIPTION

End of terrace attractive period building, comprising; a ground floor double fronted retail unit, with cellar storage and a self-contained recently refurbished 2 bedroom first floor flat.

The ground floor is currently arranged as a front open sales area, with rear storage room, office, single WC and fire exit. The cellar is accessed via a trap door within the sales area. The first floor is accessed independently from the front of the building, leading into a courtyard and external metal staircase. The flat is arranged as a 2 bedroom flat, with a separate living room, roof terrace, fitted kitchen, bathroom/shower with WC and loft storage.

There is development potential, by converting the rear ground floor storage room into a studio flat and possibly converting the retail area into an additional residential unit, subject to obtaining the necessary planning consents. Freehold, with full vacant possession.

Situated on Malden Road (A2043) in ‘Cheam Village’, between Lumley Road and Church Road. Neighbouring occupiers include; Tesco Express, Esso Petrol Station, HSS Hire and other independent and local traders.

Cheam mainline railway station is within walking distance, providing services to London Bridge, London Victoria, Horsham, Epsom and Dorking. There are also buses serving the area, located on Malden Road.

LOCATION

Location: 16, Malden Road, Sutton, SM3 8QF

Morden (3.0 miles)

South Wimbledon (3.9 miles)

Wimbledon (4.2 miles)

Cheam (0.5 miles)

West Sutton (0.6 miles)

Sutton (1.1 miles)

AGENT'S DETAILS

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