End terrace house for sale in 50 & 50A Central Road, Morden, Surrey SM4

Guide Price = £650,000+

**For Sale By Public Auction 31st July 2024 09:30 am. To inspect the legal documents for this property go to our website to download the legal pack**

An End of Terrace Building Arranged as a Ground Floor Lock-Up Shop (Takeaway), a Three Bedroom Ground, First and Second Floor Split-Level Flat and a Rear Workshop, Fully Let Producing £42,000 Per Annum. Offered with Planning Permission for Conversion into a Lock-Up Shop, a One Bedroom House and Three Self-Contained Flats (2 x One Beds & 1 x Two Bed).

Tenure
Freehold

Location
The property is situated on a mixed use parade with other local shops and amenities. The open spaces of Morden Hall Park are within easy reach. Transport links are provided by Morden underground (Northern) and Morden South rail stations.

Description
Accommodation
Lock-Up Shop
Ground Floor
Shop Area, Kitchen, WC, Shower, Yard
Let on a 15 year lease from March 2018 for £13,800 Per Annum

Flat 1
Ground, First & Second Floor
Reception Room, Kitchen, Three Bedrooms, Bathroom, Separate WC
Let on a Periodic Tenancy from September 2020 for £20,400 Per Annum

Rear Workshop
Ground Floor
Workshop Area
Leased on a 5 year license from December 2021 for £7,800 Per Annum

Planning
Merton Borough Council granted the following planning permission (ref: 23/P2841) (Subject to S.106) on 08/03/2024: 'Demolition of rear extensions and construction of part two part single storey rear extensions, hip to gable and rear dormer roof extensions with rear and front roof lights to facilitate the part change of use of shop and workshop to C3 (Residential) use to provide 4 self-contained flats (2x1-bed flats and 1x2-bed flat and 1x1 bed house) with associated refuse and cycle store'.

Open House Viewings:

Wednesday 24 July 2024 12:00 pm - 12:30
Tuesday 30 July 2024 12:00 pm - 12:30