TypeRetail Investments

GU1 180 High Street, Guildford

TenureFor sale

180 High Street, Guildford, GU11/8

Specification

Building size
Building size272 - 2,249sqft
Property type
Property typeRetail Investments
Tenure
TenureFor sale

Description

Arranged over ground, first and second floors, with an attractive oak staircase to the first-floor retail space. The rear first floor benefits from good natural light via a conservatory-style glazed roof and attractive wood flooring. A self-contained entrance and staircase provide separate first-floor access, offering potential for residential conversion, subject to planning.

Freehold, subject to the lease for a term of 10 years on FR&I basis from 25th March 2026 at a rent of £75,000 per annum exclusive with an upward only review to open market rent at the end of the 5th year. The lease is inside the Act.

Prominent High Street location at the junction of North Street

The entire property is let to Washington Green Retail Limited. In the year to Dec 2024 the company had a turnover of £48.90 million with pretax profit of £1.06 Million. They are considered very low risk and would provide an excellent covenant.

New 10 year lease with no tenant break clause.

Self-contained first-floor access from the High Street, offering scope for future residential conversion.

Surrounded by a strong mix of established national and independent retailers including Ryman, Headmasters, Mint Velvet and Neptune Furniture.

Location

Prominently positioned on a busy High Street with excellent visibility and surrounded by established national and independent retailers, including Stone, Magnet and Sharps. Ryman and Headmasters are opposite, with Hamptons and Neptune Furniture nearby.

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