Freehold Retail Investment in central Guildford.

 

Summary

  • Fully tenanted investment.
  • Three separate tenants generating a rent of £95,100pa.
  • Premises falling within class "E".
  • Freehold for the entire block (inclusive of flats above) potentially included as part of the sale.
  • Can be sold in part or as a whole.
  • Guildford benefitting from a low retail vacancy rate of 6% - 7% compared to a national average of 13.5%.

Accommodation

The accommodation comprises the following areas:

Namesq ftPriceEPCAvailability
Ground - 221 High Street 1,295 £595,000 D (86) Available
Ground - 225 High Street 310 £280,000 B (45) Available
Ground - 227 High Street 307 £290,000 C (60) Available
Ground - Freehold - £10,000 - Available
Total1,912
Eastgate House, 221-227 High Street - 12374.jpg

Location

Situated in Guildford town centre along the main High Street in a strong secondary retailing pitch. Nearby occupiers include KFC, Pizza Express, TSB, Knight Frank and Savills. Guildford mainline railway station is approximately 0.5 miles away, with 40-minute links to London Waterloo. Ample public parking to the rear.

Get directions from Google Maps

Further Information

Price Offers in the region of £1,175,000 + VAT for the whole portfolio. Can be sold separately.

Rates Payable Upon Enquiry

Service Charge n/a

Estate Charge n/a


Description

A ground floor, retail investment portfolio of three premises, let to three tenants all within class "E". Each unit internally is square in shape, with fire escapes to the rear and a generous amount of floor-to-ceiling natural light from the front windows.

Tenure

221 High Street agreed a 10-year lease with a 5th year break clause and rent review, completed August 2026 to Sushi Co. Let at £47,500pa.

225 High Street renewed their lease in July 2023 to a barbershop on a 15-year lease with 5th year anniversary reviews and no break clauses. Let at £23,500pa.

227 High Street let to a phone repair and vape shop in May 2022 on a 10-year lease with a 5th year break clause and rent review. Let at £23,500pa.

Freehold for the block available as part of this sale, with a ground rent of £600pa.