Office Investment for sale with vacant possession on the ground floor

 

Summary

  • Perimeter trunking
  • Concrete flooring
  • LED lighting
  • Air conditioning and heating
  • 3 allocated parking spaces
  • Modern office development
  • First floor shower room
  • Kitchenettes on both floors

Accommodation

The accommodation comprises the following areas:

Namesq ftsq mAvailability
Ground 877 81.48 Available
1st 884 82.13 Occupied
Total1,761163.61
3, Faraday Road - 20200616_101600.jpg

Location

3 Faraday Road is located walking distance from Guildford town centre. The property benefits from excellent access to the A3 and M25, providing direct links to London and the South Coast, along with convenient access to local amenities and public transport connections.

Get directions from Google Maps

Further Information

Price + VAT

Rates Payable Upon Enquiry

EPC Rating This property has been graded as C (69)


Description

Freehold office building offering vacant possession of the ground floor. The property features perimeter trunking, concrete floors, LED lighting, air conditioning (separate units serving each floor, installed 2022) and electric heating.

The ground floor benefits from a dedicated WC and two allocated parking spaces. The first floor includes a WC/shower room and one allocated parking space. Both floors provide kitchenette facilities. Additional on-site permit parking available for visitors and commercial users.

Suitable for owner-occupiers or investors.

Tenure

A new 5-year lease has been agreed with the first-floor tenant, incorporating a tenant-only break option at the end of the third year. The lease expires in July 2031 at a passing rent of £23,500 +VAT per annum.

The ground floor will be available with vacant possession. Ground Floor space will be redecorated/recarpeted upon expiry of the current Lease in July ‘26

Rateable Value

Ground Flr rateable value - £21,000, rates payable - £10,479 per annum.
First Flr rateable value - £20,750, rates payable - £10,354.25 per annum.