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64 / 64a Chertsey Street, Guildford, GU1 4HL

POA
Christopher Thomas, Windsor
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

Ground and first floors, comprising - A ground floor lock up shop with an approximate 16 foot frontage with rear ancillary food prep space and a small portion of the rear garden, together with separate first floor residential accommodation with a ground floor shower and toilet at the end of the residential entrance hallway street entrance.

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

About Christopher Thomas, Windsor

Castle Hill House Castle Hill, Windsor, SL4 1PD

Notes

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