• Size:
    4,626 sq ft / 430 sq m
  • Usage:
    A1
  • Sale Type:
    For Sale
  • Rental Income:
    £185,000
  • Property Type:
    High Street
  • Auction:
    No
  • Development Opportunity:
    No
  • Investment Opportunity:
    Yes
  • Tenanted:
    Yes
  • Energy Rating:
    N/A

The entire property is let to Dwell Retail Limited for 15 years from 24th February 2012. The lease is subject to 5 yearly upward
only rent reviews. The current passing rent is £185,000 per annum.

Offers in the region of £2.1 million which reflects a net initial yield of 8.33% after allowing for purchases costs at 5.8%.

Guildford is an affluent market town situated approximately 30 miles south west of London. The town centre is a popular retail destination attracting numerous high end brands.

The property benefits from excellent communication links being close to the A3 giving access to the M25. Guildford train station provides a fast and frequent service to London Waterloo, Portsmouth, Gatwick and Reading. Both Heathrow and Gatwick Airports
are within 30 minutes drive.

The store is in a prominent and busy trading location, being at the intersection between the main pedestrianized High Street
and opposite the junction of North Street. Nearby adjacencies include Santander, Steamer Trading, Crew Clothing and Mann Countrywide Estate Agents.