22-24 Swan Lane, Guildford GU1 4EQ
- PROPERTY TYPE
Commercial Property
- SIZE
Ask agent
Key features
- To be offered on Tuesday 25 November
- Attractive Freehold Retail Investment with Development Potential
- Entirely let to Boots UK Limited on a lease holding over(1)
- Benefits from planning consent for 6 flats
- Located in the affluent commuter town of Guildford
- Well situated in an established trading position, adjacent to both Boots and Pret A Manger
- VAT is applicable
- Investment let at £130,024 p.a. (reflecting 8.66% GIY off Guide Price)
Description
StrapLine
Auction Sale - 24/11/2025 - To book viewings, view the legal pack and register to bid please refer to the full sales particulars on the Savills Auctions websiteAn Attractive Freehold Retail Investment with Development Potential entirely let to Boots on a lease expired which July 2025(1) The property benefits from planning consent to convert and extend the existing building to create 6 new flats above the ground floor commercial unit. Investment let at £130,024 p.a.
Description
The property is arranged over ground and one upper floor to provide a ground floor shop with office and ancillary accommodation above.
Location
The affluent cathedral and commuter town of Guildford is the county town of Surrey and a major commercial centre.
Guildford is located on the A3, some 30 miles south-west of Central London.
The property is located on the east side of Swan Lane, close to it's junction with North Street, in an established retail position.
Nearby occupiers include Boots & Pret A Manger (both adjacent), Harris & Hoole, Marks & Spencer and Lakeland amongst many others.
Transport
Road - The town benefits from excellent communications, with the A3 providing a direct link to Junction 10 of the M25 Motorway 8 miles to the north-east.
Rail - Guildford Rail Station provides regular rail services to London Waterloo.
Tenancy
Let to Boots UK Limited (t/a Boots Optician and Hearing Care) on a full repairing and insuring (FRI) lease for a term of 5 years from July 2020 at £130,024 per annum.
(1) The lease expired on 21 July 2025 and a Section 26 Notice was served on 3 March 2025 which has been extended and expires on 16 February 2026.
Accommodation
Ground Floor - 165.84 sq m (1,785 sq ft)
First Floor - 80.54 sq m (867 sq ft)
Total - 246.38 sq m (2,652 sq ft)
Planning
The property benefits from planning permission for the Conversion and extension to existing commercial building to create 6 new flats above ground floor commercial unit. Refurbish existing shopfront on Angel Gate and modify existing ground floor service yard to accommodate new residential entrance and refuse storage (Ref:23/P/00401).
All enquiries in this regard should be made with the local authority, Guildford Borough Council
22-24 Swan Lane, Guildford GU1 4EQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Guildford Station0.3 miles
- London Road Station0.5 miles
- Shalford Station1.5 miles
Notes
Disclaimer - Property reference 197-14599. 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 Savills Auctions, London. 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.
Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Savills Auctions, London on 020 3909 6715.
*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.
Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”
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