Property photos
Freehold
From
£2,360,000
(£1,712.63/sq. ft)
Retail premises for sale
48 High Street, Guildford GU1From 1,378 - 4,839 sq. ft
Local area information
Property location
Nearby amenities
- Royal Grammar School 0.3 miles
- St Nicolas CofE Aided Infant School 0.3 miles
- Guildford 0.3 miles
- London Road (Guildford) 0.6 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Guildford to find out more about the local area.
Features and description
- Freehold
- Situated in the heart of Guildford, the High Street is a vibrant retail destination, well known for its diverse mix of retail and food & beverage offerings.
- The town boasts a strong and affluent consumer base, with a resident population of approximately 145,000 and a wider catchment area of around 430,000. Guildford consistently records high levels of retail expenditure.
- The property comprises a well-configured retail unit, arranged over the ground, basement, and part first floors.
- The first and second floors feature a spacious four-bedroom flat, currently vacant and in need of refurbishment. Access to the residential accommodation is via Quarry Street.
- The retail element is let to Procook Limited on a 10-year lease commencing in 2023, at a current rent of £140,000 per annum. There is a tenant break option at the end of the fifth year.
- There is clear potential to add value through the residential upper parts, which previously held planning permission for conversion into four one-bedroom flats.
Description
Prime Retail and Residential Investment in Prime Guildford
Prime Retail and Residential Investment in Prime Guildford
More information
Listed by
TDB Real Estate Ltd
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