Opportunity to purchase a freehold pub with development potential in a desirable location. The pub is a two-storey building and occupies a site of 0.05 acres, there is a small garden to the rear. The property will be next to a new recreational, green space created as part of the surrounding regeneration work. The property comprises of a ground floor, first floor and a basement. Due to the COVID-19 restrictions, we have not been able to inspect it internally.
The property is tenanted but can be sold with vacant possession and could be redeveloped to provide alternative uses such as café, daycare centre or offices.The contracted rent is £400 per week.
23 High Path, London SW19 2JY
The property is located on the corner of Pincott Road and High Path in the middle of the High Path Estate. The High Path Estate is undergoing a comprehensive phased regeneration to create a sustainable, vibrant, mixed-use, mixed-tenure community.
Phase 1 of the proposal includes up to 1,700 new homes and 10,000 sq m of commercial retail, office and community uses. A new school has been built directly opposite and 134 new dwellings on the adjacent site of the Old Lampworks are currently under construction.
South Wimbledon underground station is a five-minute walk from the property and provides access to the Northern Line service.