175-193 High St | Guildford GU1 3AW
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175-193 High St
Guildford GU1 3AW
Office Property For Sale
Investment Highlights
- The area benefits from excellent rail links with Guildford station located 0.8 miles to the west
- Guildford benefits from extremely strong road communications as a result of its location adjacent to the A3 (0.75 miles away)
- London Road station is also located 0.4 miles to the north east
Executive Summary
Opportunity to purchase a retail parade in the centre of Guildford High Street.
The Parade consists of ten retail units predominantly over ground floor, totalling 18,633 sq ft (1,731.06 sq m).
Situated in an affluent and welleducated commuter town within a short distance from central London.
Freehold
Multi-let to 10 tenants producing a total income of £658,775 per annum, with many of the tenancies having had their rents rebased. The WAULT is 4.17 years to lease expiry and 2.81 years including breaks.
The Parade consists of ten retail units predominantly over ground floor, totalling 18,633 sq ft (1,731.06 sq m).
Situated in an affluent and welleducated commuter town within a short distance from central London.
Freehold
Multi-let to 10 tenants producing a total income of £658,775 per annum, with many of the tenancies having had their rents rebased. The WAULT is 4.17 years to lease expiry and 2.81 years including breaks.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
23,685 SF
Building Class
B
Year Built
1961
Price
£13,500,000
Price Per SF
£570
Net Initial Yield
7%
NOI
£945,000
Percent Leased
90%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
10,826 SF
Building FAR
1.36
Lot Size
0.40 AC
Amenities
- Raised Floor
- Accent Lighting
- EPC - D
- Storage Space
- Air Conditioning
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