12 Castle Street, Guildford, Surrey GU1 3UW

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12 Castle Street, Guildford, Surrey GU1 3UW

Investment 513 Sq ft For Sale £325,000

Location

The town of Guildford is situated in the heart of Surrey, accessed from frequent national rail services from London, as well as the A3 motorway linking the capital to Portsmouth on the South Coast. Centered around the historic Guildford Castle, Castle Street is situated just off the main High Street, forming a rich tapestry of Grade-II listed buildings, gardens, cobbled streets and stone walls serving a mixture of local leisure, restaurants and retail units forming an attractive side street.

Description

Based over the ground floor and basement, 12 Castle Street benefits from wood-panelled windows and frontage typical of neighbouring units along this retail terrace. The current tenant has kept the unit in good decoration and condition throughout, opting for vinyl flooring, painted walls and a mixture of LED and strip lighting as well as electric heaters. A single parking space to the rear is included with this sale.

Accommodation  

Available Sq ft Sq m
Ground Floor 368.02 34.19
Basement 145.3 13.5

Tenure

The Long Leasehold interest is to be sold with 989 years unexpired and no ground-rent payable. There is a retail tenant in situ on an underlease paying £23,500pa on a new 5-year lease from October 2023 due to expire in October 2028 and with a 3rd year (upwards only) rent review.

Price

£325,000

EPC

C - 60

Legal Costs

Each party to bear their own legal costs incurred in the transaction

Viewing

Strictly by appointment with the sole agents Owen Isherwood

 

Alex  Bellion

Alex Bellion
Director
07971 756068
alex@owenisherwood.com

Kieran Morgan

Kieran Morgan
Graduate Commercial Surveyor
07904377405
kieran@owenisherwood.com

  • Investment
  • 15315 Sq ft
  • For Sale
  • A price of £5.85M is being sought, subject to contract and exclusive of VAT.

  • Investment
  • 5614 Sq ft
  • For Sale
  • Offers in the order of £2.75 million
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