1 The Shambles, High Street, Guildford Surrey GU1 3EX

Location

The property is located on The Shambles, a pedestrian cul-de-sac off the High Street and close to Guildford’s prime retail shopping area. The Shambles is located next to Gap and Vodafone, opposite Ernest Jones. Guildford’s mainline railway station is approximately half a mile from the property.

Description

This town centre restaurant is a self-contained two storey building, with customer seating across the whole of the ground floor, and kitchen, storage and WCs on the first floor. The property has large ground floor windows, electric heating and high ceilings with recessed spotlights. Outside the property there is space for outdoor seating (this area is not included within the lease demise). There is a fully equipped and operational kitchen with a 5-ring gas cooker and commercial grade ventilation.

Accommodation

Ground floor	267 sq ft	24.83 sq m
First floor	167 sq ft	15.47 sq m
Total	434 sq ft	78.33 sq m

Tenure

The property has a lease to the current tenant till 2030 at a passing rent of £32,400 per annum.

Price

£475,000 +VAT

EPC

To be reassessed (expired Apr 22)

BUSINESS RATES

Rateable Value: £9,300

Rates Payable (21/22): £4,557

100% Small Business Rate Relief may be available for eligible occupiers

Anti Money Laundering Policy

In accordance with Anti Money Laundering Regulations, the successful purchaser will be required to provide two forms of identification and confirmation of the source of funding.

Legal Costs

Each party to bear their own legal costs.

Viewing

Strictly by appointment with the sole agents