64 / 64a Chertsey Street, Guildford, GU1 4HL
- SIZE AVAILABLE
778 sq ft
72 sq m
- SECTOR
Commercial property for sale
- USE CLASSUse class orders: C3 Dwelling Houses
C3
Key features
- A well positioned investment property, centrally located.
- Two tenants currently producing £25,200 p.a.x. of rental income.
- No onward chain.
- A gross yield of approximatley 7.15%
- Low lot size, only £350,000
Description
The property is on Chertsey Street in central Guildford between York Road and the High Street close to Martyr Road, a short walk to Waitrose. The subject property is surrounded by a variety of attractive Grade Listed properties and backs onto Allen House sports facilities grounds.
£350,000 for the freehold, subject to contract and proof of finance.
The ground floor - is let to Kallie's Deli at a rent of £12,000 p.a.x. until 20th October 2030 with tenant only breaks 21st April 2026 and 21st April 2029. The use is Class E(a) retail. The tenant is to maintain in full internal repair.,may assign or sub-let and have provided a £3,000 rent deposit. There is a rent review date of 21st October 2025.
The first floor - is let to Moving On Care Management at £1,100 per calendar month for a term to 25th June 2026. The rent is allowed to increase by a minimum of 5%.
Nearby Grade II Listed No 60 Chertsey Street has recently been granted Planning Consent for change of use from offices to residential throughout, 14th February 2025.
Brochures
64 / 64a Chertsey Street, Guildford, GU1 4HL
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- London Road Station0.3 miles
- Guildford Station0.4 miles
- Shalford Station1.7 miles
Notes
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