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142-144 High Street Guildford, GU1 3HJ

Let
142-144 High Street, Guildford - Picture 2023-08-07-15-27-32
Use Class

Use Class

E

Size

Size

1,939 sq ft

Rent pa

Rent pa

£117,000

Price

Price

£1,950,000

Key Features

  • Prime retail and leisure investment in the extremely affluent town of Guildford

  • Freehold

  • Let to Molton Brown and Guildford Business Café who have both recently renewed their leases showing continued commitment to the building.

  • Molton Brown Limited rated ‘Secure - 95/100’ by Fame

  • Newly agreed and rebased passing rent of £117,000 per annum giving good prospects for future rental growth.

  • Future conversion to 3 flats if the upper parts become vacant, subject to planning

  • Upper parts benefit from an extremely rare late licence until 3am.

  • Guildford’s retail expenditure is forecast to grow by 5.70% pa over the period 2018-2023 (PMA).

Description

Prime retail & leisure investment let on new rebased leases

The property occupies a prime position on the pedestrianised High Street. Retailers in the immediate vicinity include: Boss, Brora, Joules, Massimo Dutti, Anthropologie and Barbour.

Furthermore, the recently re-developed Tunsgate Quarter is less than 50 metres away and has strengthened the pitch with the addition of: The Ivy, The White Company, OKA, Cath Kidson, seasalt, and lululemon athletica.

Misrepresentation Notice

All the above information and descriptions (whether in the text, plans or photographs) are given in good faith but should not be relied upon as being a statement of representation or fact. Any areas, measurements or distances referred to are approximate only.

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This was last updated on 12/03/2024