Retail Unit in Guildford Town Centre For Sale / To Let
Rarely Available - Virtual Freehold or Available on a New Lease
Guildford Town Centre
Character Retail Unit With Parking
Prominent Location - End of Chapel Street
Location
The premises are in Guildford Town Centre close to Guildford High Street and the Castle Grounds. Nearby traders include Cote Bistro, Giggling Squid, ASK Italian, Brora and Fired Earth as well as smaller independent retailers and various restaurant premises. Guildford mainline railway station is approximately 1/2 mile away.
Description
The premises comprise a small wellpresented lock-up retail unit. There is one allocated parking space. Grade II listed.
Accommodation
The net internal area is approximately as follows:
Retail area 29.00 sq m 312.13 sq ft
Store / wc 5.79 sq m 62.32 sq ft
Total area 34.79 sq m 374.45 sq ft
Tenancy
Currently let to Simon & Paula Hayes who are planning to vacate the premises by September/October 2016. Available with vacant possession. Long lease dated 12/10/2010 expiring 11/10/3009 (993 years remaining).
Price
Price guide £325,000 for the virtual freehold interest. £22,500 p.a. for a letting of the retail space on terms to be agreed.
Rates
Rateable Value: £9,300
Rates Payable: £4,622.10 (2016 / 2017)
Legal Costs
Both parties to bear their own legal costs incurred in the transaction.
Energy Performance Certificate
Please refer to agent for details.