Ground floor property with total area 2,505 sq ft.
Location Description
Property is situated in the affluent cathedral and commuter town of Guildford which is the county town of Surrey, Located on the A3, 30 miles south-west of Central London.
The property is situated on the east side of Woodbridge Road (A322) close to its junction with York Road (A246), some 400m north of the main retail area in the Town Centre.
The University of Surrey is located in Guildford with in excess of 16,000 students.
There are regular rail services to London Waterloo (33 minutes fastest journey time).
Occupiers close by include Futon Company, Lodges Brothers Funeral Directors, Salvation Army, a Job Centre, Waitrose in a mixed residential and commercial area.
Additional Information
All the tenants continued to pay rent on time throughout lockdown and as at 1st September 2020 is fully up to date.
Unit 2 let to Risario Ltd (t/a Belvoir!) for 6 years by way of reversionary lease expiring June 2027 at passing rent of £24,000 p.a. The lessee has recently signed a 6 year reversionary lease from expiry of their existing lease in 2021, In exchange for 3 months rent free which the Seller will ‘top up’ by way of an allowance on Completion.
Unit 3 let to Univilla Limited (t/a Consol Tanning Studio) for 10 yrs FRI from June 2015 at passing rent of £23,500. Rent review every 5th year Tenant break option in 2020 not exercised and 2020 Rent Review Outstanding.
Unit 4 let to MA Guildford Ltd (t/a Pepe’s Piri Piri) for 10 yrs FRI from February 2019 at passing rent of £24,000. Rent review & Tenant break option in 5th year.