Burlington Avenue, TW9

MCI has acquired a Sui Generis/retail property located within the London Borough of Merton. Positioned between Raynes Park station and Motspur Park station on the proposed Crossrail 2 route, the asset currently consists of a single-storey commercial building on land not designated for commercial use. The property’s current use as a mechanics underutilises the land and has an adverse environmental impact, negatively affecting neighbouring residential properties.

MCI plans to introduce a residential-led regeneration scheme to this area, consisting of 41 flats, all of which will be offered as affordable housing.

Existing Asset – Sui Generis/Retail
Proposed Planning – 41 C3 flats
GDV – £20mil