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
Accommodation
The accommodation comprises the following areas:
| Name | sq ft | sq m | Availability |
| Ground | 877 | 81.48 | Available |
| 1st | 884 | 82.13 | Occupied |
| Total | 1,761 | 163.61 |
Location
3 Faraday Road is located walking distance from Guildford town centre. The property benefits from excellent access to the A3, providing direct links to London and the South Coast, along with convenient access to local amenities and public transport connections.
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Mainline Stations
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Guildford12 mins
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London Road (Guildford)13 mins
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Shalford (Surrey)43 mins
-
Worplesdon58 mins
Underground Station
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Chessington South270 mins
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Thames Ditton277 mins
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Chessington North281 mins
-
Hampton285 mins
Further Information
Price £560,000
Rates Payable Upon Enquiry
EPC Rating This property has been graded as C (69)
Description
Freehold office building with vacant possession of the ground floor and the first floor let on a 5-year lease. Features include perimeter trunking, concrete floors, LED lighting, air conditioning and electric heating system.
Benefits from 3 allocated parking spaces (plus additional on-site parking), ground floor WC and first floor shower room. To be recarpeted. Ideal 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 £23,000 per annum.
The ground floor will be available with vacant possession.
Rateable Value
Ground Flr rateable value - £20,000, rates payable - £9,980 per annum.
First Flr rateable value - £20,250, rates payable - £10,104.75 per annum.
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