38 High Street, Haslemere, Surrey, GU27
- SIZE AVAILABLE
4,484 sq ft
417 sq m
- SECTOR
High street retail property for sale
Description
* Haslemere is a highly affluent London commuter town in the heart of Surrey.
* It is ranked in The Standard's Top 40 Commuter Hotspots for Families in 2025, due to its strong
transport links to London and outstanding natural beauty.
* Situated on the eastern side of High Street, within the town's 100% prime retail pitch.
* The ground floor is let to the undoubted covenant of Boots UK Limited, who have traded from the
store for over 20 years and have a the only pharmacy license within the town centre.
* The upper parts comprise two recently refurbished flats which are let on AST's.
* The flats have been independently valued by a local estate agent at £605,000.
* Assuming an acquisition at quoting terms, a potential purchaser could explore the sale of the
residential flats and would hold the commercial element at a running yield of 8.36%.
* Total current income £88,500 per annum.
* Freehold
We are instructed to seek offers in excess of £1,270,000 (One Million Two Hundred and Seventy Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this price reflects a Net Initial Yield of 7% on the commercial income and a low capital value of £400 psf on the newly refurbished residential element, assuming standard purchaser costs of 6.43%.
Brochures
38 High Street, Haslemere, Surrey, GU27
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Haslemere Station0.4 miles
- Liphook Station4.1 miles
- Witley Station4.1 miles
Notes
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