The property comprise a two storey mid terrace property constructed in circa 1910 and sits under a pitched clay tiled roof. The ground floor until very recently was used as a laundrette with an open plan sales area. Behind this is a single storey ancillary storage building of brick construction with the ventilation pipes all under a pitched asbestos roof part of which has collapsed.
Behind this is a small garden with dilapidated shed (believed to be asbestos), this can be approached via a shared narrow drive way from the far end of Merton Park Parade.
A separate entrance to the front of the property leads to a self contained first floor flat comprising 1 bedroom, bathroom, kitchen and living room. The flat is in need of complete refurbishment and the entire property needs to be rewired and new plumbing installed.
There is capped off mains electricity, gas and water to the building. There is a decent height loft above the flat and it is notable that a number of neighbouring properties in the parade have carried out loft conversions/extensions to add further bedrooms. So there could be potential subject to planning permissions to increase the size of the flat.
The property is prominently situated on the edge of Wimbledon at the junction of Merton Park Parade and the A238 Kingston Road a main arterial route into the town. It forms part of an attractive parade of shops serving an affluent commuter area and situated just opposite the well known Leather Bottle Pub.
Wimbledon Chase Railway Station and Merton Park Tram Station are both within easy walking distance.
Neighbouring occupiers include Waffle Jacks American Diner, Master Johns Dry Cleaners, Nelson Newsagent and Post Office, Back on Track Health Clinic and Pizza Euforia.
TENURE
The property is available freehold with full vacant possession.
PRICE
Offers are invited in excess of £498,000 for this refurbishment opportunity.
VAT
We have been advised that the property is not elected for VAT.
EPC
Shop - C (72)
Flat - F (24)
BUSINESS RATES
The shop has a Rateable Value of £11,250
with Rates Payable of £5,613.75 for the year ending April 2026.
COUNCIL TAX
The flat 7A Merton Park Parade falls under Band B so will equate to £1,655.53 payable for the year ending January 2026.
