DESCRIPTION

The property comprises a self contained 3 storey unit with a prominent frontage and the entire ground floor operating as a restaurant.

The ground floor provides a total floor area of approximately 1,515 sq ft GIA. There are two self contained 2-bedroom flats at first and second floor levels which are accessed from the front of the property. Both flats have been sold are held on long leasehold interests.

Raynes Park is a thriving, affluent South West London town.

~ Prominent self-contained 3 storey property.

~ Ground floor restaurant comprising approximately GIA 1,515 sq ft let to Raw Bistro Limited for a term expiring on 24th July 2036 at a current rent of £49,300per annum.

~ Next upward only rent review is on 24th July 2027 and 3 yearly thereafter.

~ Two self-contained upper floor flats sold on long leases with £50 per annum ground rent to apply for each flat.

~ Total rent £49,400 per annum.

~ We are instructed to seek offers in excess of £625,000 subject to contract and exclusive of VAT.

~ We are advised that the property is not elected for VAT.

~ EPC Restaurant: D|84; Top Floor Flat 191A: D|57 and Middle Floor Flat 191B -D|66

ACCOMMODATION

Floor	Size	Price/Rent	Rates Payable
Ground Floor	1,515 sq ft - 141 sq m	Offers in excess of £625,000
Total	1,515 sq ft (141 sq m)

LOCATION

Raynes Park is located in the London Borough of Merton in south-west London located 1.5 miles southwest of Wimbledon and 6 miles from Central London. The town is a well-connected popular commuter location, providing direct trains to Clapham Junction (overground) in 11 minutes and to London Waterloo (overground, Bakerloo, Jubilee, Northern and Waterloo & City lines) in 20 minutes from the mainline railway station. The nearest London Underground station is Wimbledon (District Line) which is 1.4 miles to the north. Bus services in the vicinity provide direct access to Wimbledon, Kingston, Streatham and Clapham Park. Raynes Park has good connectivity to main roads with the A3 being 1 mile to the south west, the A242 miles to the east with both roads connecting to Junction 10 of the M25. Heathrow and Gatwick airports are some 12 miles and 22 miles distance from the property, respectively.

The property is situated to the north side of Worple Road close to the junction with Trewince Road and adjoining the town centre. Located within 150 metres of Raynes Park mainline railway station and main retail centre. There is a wide range of retail units, restaurants and bars situated close by, including Waitrose, Starbucks, Sainsbury’s Local, Costa Coffee, Gregg’s and also a Travelodge.