96 High Street, Guildford, Surrey GU1 3HE

Location

 Guildford is the county town of Surrey and regarded as one of the premier retail locations within the UK with an affluent population and excellent communications by rail and road to London and the Southwest. The town benefits from frequent rail services into London Waterloo (33 minutes), Reading (35 minutes) and Gatwick (39 minutes). London Heathrow Airport is located approximately 29 miles northeast of the town and London Gatwick 30 miles to the southeast via the M25 in both cases.

In terms of demographics Guildford has some 510,000 persons within its retail catchment area with an estimated shopping population of 241,000 persons. 70% of the population are categorised within the most affluent groups ABC1 and average house prices are twice the national average.Guildford is ranked 2nd out of 200 promis centres on the PMA affluence indicator.The town has a significant student population with the University of Surrey with some 16,000 students in the town.

Situation

The property is situated in the prime cobble stone section of the High Street immediately close to Whistles, Russell & Bromley, Clarks Shoes, White Stuff, Gant, Boots and Marks & Spencer. The entrance to the newly developed Tunsgate Quarter is a door away with retailers such as Loaf, Oka furniture and the Ivy Restaurant. 

During recent times a number of new operations have moved into the High Street including Tag Heuer Watches, Carl Scarpa, French Connection, Ole and Steen baker, Joe and the Juice and Coppa club

Accommodation & Tenancy Schedule

See attached brochure.

Price & Tenure

Offers of the order of £2,750,000 are invited for the freehold interest, subject to contract and exclusive of VAT. A purchase at this level would reflect an initial yield of 7.31% after the usual purchase costs of 6.42%.

Legal Costs

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

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.

Viewing

Strictly by appointment with the sole agents