Summary
107 – The ground floor comprises modern partitioned retail/office accommodation with kitchenette and WC facilities, together with a rear and side warehouse/yard area. Above is a self-contained 3-bedroom flat with separate rear access and parking.
109 – The ground floor comprises an open-plan retail unit with glazed frontage, rear storage and WC facilities, together with an external store. Above is a 2-bedroom flat accessed internally via the property.
Key Points
Prominent Aldershot Road frontage on an established retail paradeGround floor commercial accommodation with residential accommodation aboveExisting retail tenants in occupationConvenient access to Guildford town centre and transport linksStrong local catchment and passing tradeRear access and parkingEPC
107: C-62 / 107a: E-50
109: C-74
Lease Terms
The ground floor retail unit and first floor flat at No.107 is let to Dignity Funeral Directors on a 10-year FRI lease from 2023, incorporating a tenant-only break and upwards-only open market rent review at year 5, at a passing rent of £28,750 p.a.
The ground floor retail unit and first floor flat at No.109 is let to Jean’s Florist on a 10-year FRI lease from 2024, incorporating a 3 year and 5 year tenant-only break, at a passing rent of £16,000 p.a.
Business Rates
Rateable Value of No.107: £15,000
Rateable Value of No.109: £14,250.
Location
107 & 109 Aldershot Road occupy a prominent position within the Southway shopping parade, just off Aldershot Road in Guildford. The units benefit from strong levels of passing traffic, a substantial surrounding residential population, and convenient access to Guildford town centre, the A3, Surrey Research Park, and the Royal Surrey County Hospital.