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35, Madrid Road, Guildford, GU2 7NU

£485,000

£413.82 per sq ft

Business rates & charges may apply

Owen Isherwood, Guildford
SIZE AVAILABLE

1,172 sq ft

109 sq m

SECTOR

High street retail property for sale

Key features

  • Retail investment

Description

The subject property features a retail unit on the ground floor currently leased to a launderette user for a term of 15 years from Jan 2019. Every 5th anniversary rent reviews are linked to greater of RPI & OMRR. The most recent rent review increased the rent to £16,800 per annum.

There is also a vacant 2-bedroom flat on the upper floor, which also includes a bathroom and lounge/kitchen. Accessed separately from the retail unit.

There is a generous garden to the rear of the property.

Located on a busy access road into Guildford Town Centre, (0.5 miles away), the Station (0.2 miles away), University of Surrey, Cathedral, Hospital and A3 slip road are all within close vicinity. Guildford is Surrey’s principal town with excellent shopping and commercial base.

Retail Unit - £16,800 per annum (RPI Rent Review 24’), expires 2034.
Flat - Vacant - Estimated rental value is £1,500 - £1,600 mth

Ground floor - TBC
1st floor flat - D 64

Brochures

35, Madrid Road, Guildford, GU2 7NU

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Guildford Station0.3 miles
  • London Road Station1.0 miles
  • Shalford Station1.8 miles

About Owen Isherwood, Guildford

1 Wey Road, Mary Road, Guildford, GU1 4QU

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 299877-1. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Owen Isherwood, Guildford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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