London: 0207 112 8097 Guildford: 01483 331990

Mortimers

87 & 88 Quicks Road, Wimbledon SW19 £385,000

Location:
The property is in a secondary position located fronting Quicks Road at its junction with Wycliffe Road. It is mostly a residential street but with a small retail parade. Quicks Road is  accessed from Haydons Road and Merton Road. It is convenient to all shops and amenities of Wimbledon.
The nearest Station is South Wimbledon (Northern Line).

Description:
The building is of traditional brick construction under a pitched tiled roof and comprises two ground floor shops with rear workshop. Three residential properties are included in the freehold sold off on long leases.

87 Quicks Road: Ground floor mid terrace retail unit with forecourt and rear workshop let as a picture framers. It has a glazed frontage, rear store, kitchenette, WC and part rear workshop. The retail unit is approximately 58.46 m2 (629 sqft) and the part workshop is 18.39 m2 (198 sqft)

We understand the rest of the rear work shop is a similar size and separately let to the tenant of 88 Quicks Road. It is accessed from a rear walkway off Wycliffe Road.

88 Quicks Road: Ground floor end terrace retail unit trading as an A1 cafe with forecourt for seating. The retail unit is 29.27 m2 (315 sqft) There is a flat above 87 and another flat above 88 Quicks Road and a bungalow 2a Wycliffe Road included in the freehold but sold on long leases.

Income:
87 Quicks Road included part rear workshop: £12,000 pa.
88 Quicks Road: £11,000 pa
Rear workshop £2,400 pa (£200 pcm).
3 Ground rents at £100 pa each. Total £300 pa.
Total Income Currently £25,700 pa.
(Leases available upon request)

Rates:
The Rateable Value for 87 Quicks Road is £8,100 and 88 Quicks Road is £6,500. Interested parties should verify these figures with the local rating authority, London Borough of Merton.

EPC:
Further details available upon request.

VAT:
We understand VAT is not payable on the purchase price.

Legal Costs:
Each party will be responsible for their own legal costs.

Viewing:
Strictly by appointment through sole agent MORTIMERS.
Contact: Justin Mortimer 0207 112 8097 / 07730 202028


Agent Information

Justin Mortimer
Justin Mortimer
BSc MRICS
  • Office: 0207 112 8097
  • Mobile: 07730 202028