Commercial property for sale in Guildford

* Located in the heart of Guildford, High Street serves as a vibrant retail hub, renowned for its diverse shopping and F&B offering; * The town benefits from a strong consumer base, with a resident population of approximately 1450,000 and a wider catchment of around of 430,000. Guildford is also known for its affluent demographic and high street retail spend; * The property comprises a well-configured retail unit fronting High Street, arranged over ground, first and second floors, totalling 1,868 sq ft (173.5 sq m). The basement is currently unused and not rentalised; * The University of Surrey, with approximately 14750 students contributes to the strong retail and leisure spending in the area; * The entire property is let to De Montfort Fine Art Ltd (trading as Clarendon Fine Art); * A reversionary lease has been secured, extending the term from 10th May 2027 to 31st May 2032, demonstrating the tenant's long-term commitment to the property and Guildford; * The current passing rent is £60,000 per annum exclusive, rising to £65,000 per annum exclusive from the 1st June 2028 until expiry. The vendor will top up the rent to this level; * 7.23 years unexpired (no tenant breaks); * Freehold.

Commercial property for sale in Guildford, England

Retail property (high street) for sale

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