Franklin Commercial

Address

212 London Road
Burpham Guildford
GU4 7JS

Location

Prominent position on the A3100 close to Guildford town centre (approx' 1.5 miles). Sainsbury's and Aldi are close by along with a good range of independent businesses. There is parking in front of the parade.

Description

Freehold Guide Price £650,000- Business unaffected.

Our client will also sell each unit separately at £330,000 for each.

Good quality mixed use investment in sought after parade on the outskirts of the town centre.

Currently producing £43,500 p.a.

The parade benefits from excellent traffic flow past the shops and has the benefit of parking in the service road.

The property comprises a shop trading as an established hair salon and a three bedroom split level flat arranged over first and second floors. There is one rear parking space.

The shop measures approximately 500 sq ft. Let at £24,000 p.a. on a 12 year lease from 2018. Five yearly rent reviews with the next being 01/08/28. The lease is drafted within the act and the tenant is a private individual- no rent deposit is lodged.

The flat measures approximately 900 sq ft and comprises lounge, kitchen, three bedrooms and bathroom. Let at £1625 pcm on an AST agreement expiring July 2026.

Please view by appointment only and do not disturb the tenant.

EPC band C- shop.

EPC band C- flat.

General Information

Tenure: Freehold

Price/premium: £650,000

Legal fees: Each party to bear their own

Rateable value: The VOA website states a R.V. of £21,000.

Map

Important Notice

Information supplied by franklin commercial is intended as a general guide only & should always be verified by you prior to contract (we do not usually inspect leases/service charge accounts etc or test any amenities/services). We do not guarantee the accuracy of approximate measurements/areas quoted, plans or any other information, which may have been supplied to us by Clients. Our descriptions do not form part of any contract and nothing is included unless it is in the solicitors contract for sale. All inspections/negotiations must be conducted through us & information should not be transmitted to 3rd parties. Under no circumstances may a direct approach to the business, vendor or lessee be made - staff are usually unaware of a proposed sale. Rents/Prices quoted are always exclusive of V.A.T. (if applicable).