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

Offers over

£350,000

Size

778

Tenure

Freehold

EPC

Parking

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Primary use
Other

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 approximately 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.
Additional information
Service charge
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Business rates
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Use class
C3, E
Listed building
No
Business for sale
No
Energy performance certificate: C

An Energy Performance certificate helps you understand the current energy efficiency of a property.

Read more about EPC requirements

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Environmental data
BREEAM rating
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Environmental description
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Read more about energy considerations for commercial property

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

NEAREST STATIONS

National Rail

London Road Station

0.29 miles

National Rail

Guildford Station

0.42 miles

National Rail

Shalford Station

1.68 miles

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Disclaimer - Property reference 334370-1. 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 Christopher Thomas, Windsor. 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.