Waterside, Leas Road, Guildford, Surrey GU1 4QT

 Key Points

• A rare opportunity to acquire a prime 0.95-acre Guildford town  centre development site, with outline consent to deliver a quality  office scheme in a much-constrained market.
• Guilford is a strategic southeast location less than one mile from  the A3 which serves the M25 London Orbital (J10) and under 12  miles from the M3 (J4).
• Formally the Guildford Bus Depot, the site is situated on  Leas Road within Guildford town providing access to a range   of local amenities and excellent connectivity.
• Potential to deliver c32,000 sq ft of offices, inline with the secured outline planning consent.
• Prime headline office rents in Guilford currently stand at   £50 psf, with further growth expected due to the lack of new build stock in the market.
• Precedent for change of use from Sui Generis, a former bus  maintenance depot, to offices has been established on site.

Location

Guilford is located in the southeast of England in the county of Surrey, situated approximately 30 miles southwest of central London. Guildford is the main commercial centre for Surrey. The town centre provides an excellent mix of retail facilities including major shopping centres, department stores, specialist boutiques and a variety of bars and restaurants.

The town benefits from exceptional transport links, with the A3 on your doorstep, you are only a few minutes’ drive from the M25, opening up the motorway network and providing easy access to both Heathrow and Gatwick airports providing international connectivity.

Guildford station is a short 6-minute walk away providing a service to central London in approximately 37 minutes with up to 8 trains an hour. Guildford also benefits from direct services to Gatwick and Reading.

Guildford is home to the University of Surrey, ranked 12th in the UK, which has an enrolment of approximately 16,000 students. This includes undergraduate and postgraduate students with a mix of full time and part time learners, providing a rich and diverse pool of talent for local employers.

Description

Formally the Guildford bus depot, the site was previously used as a bus maintenance centre comprising a detached building of approximately 13,000 sq ft on a level concreted site of 0.95 acres.

Internally the building provides offices at first floor level, with staff rooms, toilets and former workshop with three inspection pits on the ground floor.

Accommodation  

Situation

The former bus depot is strategically positioned on Leas Road directly south of the A3 providing fast access to the motorway network via the M25. The site is located within Guildford town centre, 0.5 miles north of Guildford Railway Station, which provides excellent connectivity and access to a diverse selection of local amenities.

Out of town the predominant office presence includes Guilford Business Park, Cathedral Square and Surrey Research Park, the town is home to a large number of international and national occupiers including, BAE systems, Allianz Insurance, Wargaming, Highways Agency, Clyde & Co, PE LImited and Electronic Arts.

Price

Offers are invited in excess of £5,500,000 for the freehold interest.

EPC

D

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 incurred in the transaction

Viewing

Strictly by appointment with the sole agents Owen Isherwood.