96 High Street Surrey, Guildford, GU1 3HE

Prime Retail and Office investment For Sale

Guildford is the county town of Surrey and regarded as one of the premier retail locations within the UK with an affluent population and excellent communications by rail and road to London and the Southwest. The town benefits from frequent rail services into London Waterloo (33 minutes), Reading (35 minutes) and Gatwick (39 minutes). London Heathrow Airport is located approximately 29 miles northeast of the town and London Gatwick 30 miles to the southeast via the M25 in both cases.

The property is situated in the prime cobble stone section of the High Street immediately opposite House of Fraser and close to Whistles, Russell & Bromley, Clarks Shoes, White Stuff, Gant, Boots and Marks & Spencer. The entrance to the newly developed Tunsgate Quarter is a door away with retailers such as Loaf, Oka furniture and the Ivy Restaurant.

Situated in the conservation area, this attractive building comprises a ground and basement shop let to Mappin & Webb Jewellers whilst also providing 3 floors of self-contained offices let to a variety of businesses including a firm of solicitors.

With self contained High Street access there is potential in the future to convert the upper floor offices to residential.

In terms of demographics Guildford has some 510,000 persons within its retail catchment area with an estimated shopping population of 241,000 persons. 70% of the population are categorised within the most affluent groups ABC1 and average house prices are twice the national average. Guildford is ranked 2nd out of 200 promis centres on the PMA affluence indicator. The town has a significant student population with the University of Surrey with some 16,000 students in the town.