Retail investment on Guildford High Street
Summary
- Prominent High Street location at the junction of North Street
- The entire property is let to Washington Green Retail Limited. In the year to Dec 2024 the company had a turnover of £48.90 million with pretax profit of £1.06 Million. They are considered very low risk and would provide an excellent covenant.
- New 10 year lease with no tenant break clause.
- Self-contained first-floor access from the High Street, offering scope for future residential conversion.
- Surrounded by a strong mix of established national and independent retailers including Ryman, Headmasters, Mint Velvet and Neptune Furniture.
Accommodation
The accommodation comprises the following areas:
| Name | Building Type | sq ft | sq m |
| Ground | Retail | 910 | 84.54 |
| 1st | Retail | 660 | 61.32 |
| 1st - Storage | Other | 407 | 37.81 |
| 2nd | Retail | 272 | 25.27 |
| Total | 2,249 | 208.94 |
Location
Prominently positioned on a busy High Street with excellent visibility and surrounded by established national and independent retailers, including Stone, Magnet and Sharps. Ryman and Headmasters are opposite, with Hamptons and Neptune Furniture nearby.
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Mainline Stations
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London Road (Guildford)7 mins
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Guildford9 mins
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Shalford (Surrey)30 mins
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Chilworth47 mins
Underground Station
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Chessington South272 mins
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Thames Ditton280 mins
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Chessington North282 mins
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Tadworth288 mins
Further Information
Price Offers in the region of £900,000
Rates Payable Upon Enquiry
EPC Rating This property has been graded as B (42)
Description
Arranged over ground, first and second floors, with an attractive oak staircase to the first-floor retail space. The rear first floor benefits from good natural light via a conservatory-style glazed roof and attractive wood flooring. A self-contained entrance and staircase provide separate first-floor access, offering potential for residential conversion, subject to planning.
Tenure
Freehold, subject to the lease for a term of 10 years on FR&I basis from 25th March 2026 at a rent of £75,000 per annum exclusive with an upward only review to open market rent at the end of the 5th year. The lease is inside the Act.
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