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82 High St 1,329 sq ft Retail Property London SW19 5EG £1,895,000 (£1,425.88/sq ft)
Investment Highlights
- Freehold shop (1,010 sq ft) in Wimbledon Village
- Close to Wimbledon Station and strong village footfall
- £70,000 pa income with resi airspace consent above
Executive Summary
82 High Street, Wimbledon is a rare freehold retail and development opportunity located in the heart of Wimbledon Village, within the Wimbledon Village Conservation Area. The property comprises a single-storey retail unit extending to approximately 1,010 sq ft, currently single-let to Revital Ltd at a passing rent of £70,000 per annum, with the tenant committed until May 2027 and the lease held outside the Landlord & Tenant Act 1954. Importantly, planning permission has been granted and materially implemented for the addition of two upper floors to create two 2-bedroom apartments, each of approximately 850 sq ft GIA, with private external amenity space, accessed via High Street Mews to the rear. The vendor has secured the consent in perpetuity and has already paid the CIL contribution of £53,450, offering a derisked development angle alongside secure income. The freehold interest is guided at £1,895,000, subject to contract and exclusive of VAT
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront
Property Size
1,329 sq ft
Costar Property Class
B
Year Built
1870
Price
£1,895,000
Price per sq ft
£1,425.88
Tenancy
Single
Number of Floors
1
Plot ratio
0.87
Total Plot Size
0.04 ac
Frontage
20 ft on High Street
Amenities
- Bus Route
- Commuter Rail
- EPC - D
- Storage Space
- Smoke Detector
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Nearby Major Retailers
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Videos
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Photos
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82 High St
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