2 Retail units and shops for sale in Merton

Search our property list to find available retail space and shops for sale in Merton. Filter your search by size and price. Use the other filters to search on availability and location type.

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Colliers Wood
Greater London
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  • Merantun Way Colliers Wood, SW19 2RF

    Prime South West London Leisure Park Investment. Park Place Retail are marketing this prime South West leisure park, the salient details of which are:- Zone 3 London location - located in a prominent position on the A24 Merantun Way in Colliers Wood, just 8 miles from Central London. Prime pitch - the scheme is centred in the prime retail and leisure pitch in Colliers Wood. Large and affluent population - just under 50,000 people live within a 5 minute drive time of the subject property, extending to over 415,160 people within 15 minutes, with 46% classified as the highest affluence group ‘City Prosperity’. Diverse tenants - the scheme comprises two A3 units let to KFC and Pizza Hut, a Premier Inn hotel and a Nuffield Health gym with a swimming pool. Income - the property produces a rental income of £1,879,773 per annum. Long WAULT - over 11 years to expiry. Short term uplifts in income - 44% of the income is guaranteed to increase before October 2024. Premier Inn - they form 38% of the income with around 20 years unexpired, and CPI uplifts capped at 4% per annum compounded. Site - a large site area of 2.75 acres, and unusually high number of car parking spaces; 198, for a zone 3 location due to surface level and undercroft car parking. Freehold - predominantly freehold, with 2 long leasehold areas. Asset management potential - immediate term asset management angles and long term redevelopment potential to residential. Offers are invited in excess of £25,160,000. (Twenty Four Million, Three Hundred Thousand Pounds), subject to contract and exclusive of VAT, allowing for purchaser’s costs of 6.74%. This reflects a net initial yield of 7.00%, rising to 7.46% in September 2024, based on the Pizza Hut fixed uplift and Premier Inn predicted uplift based on CPI capped at 4%.

    Availability: For Sale
    Price: £25,160,000
    Type: Shopping Centre
    Merantun Way
    • 48 Upper Tooting Road Greater London, SW17 7PD

      A prime location. A commercial unit previously trading as a Pakistani sweets parlour business in Tooting.

      Availability: To Let / For Sale
      Size: 1,384 ft²
      Rent: £27,500 pa
      Price: £100,000
      Type: High Street
      48 Upper Tooting Road
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