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125 High Street, Cranleigh, GU6 8AU

£350,000

£168.35 per sq ft

Business rates & charges may apply

Owen Isherwood, Guildford
SIZE AVAILABLE

2,079 sq ft

193 sq m

SECTOR

High street retail property for sale

Key features

  • Investment Property Let to Strong Covenant.
  • Located in Attractive Surrey Village of Cranleigh.
  • Quoting Price Represents a GIY of 7.86%
  • Lease inside Act with Expiry in June 2027
  • Fully Repairing and Insuring Lease

Description

125 High Street is a ground floor retail unit currently occupied by Oxfam and benefits from a small mezzanine storage area to the rear of the shop and 2 demised car parking spaces in the yard to the rear. This property offers significant potential to purchase a solid income producing asset in a very desirable part of Cranleigh High Street.

The subject property is located on a prime pitch of Cranleigh High Street in Surrey. Cranleigh is a bustling village located roughly 9 miles South of Guildford and 10 miles Northwest of Horsham. Nearby occupiers include Cook, M&S, Sainsbury’s & Pizza Express

Oxfam are in occupation on an inside the act lease which expires in June 2027, paying a rent of £27,500 per annum. The quoting price represents a Gross Initial Yield of 7.86%.

Brochures

125 High Street, Cranleigh, GU6 8AU

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Shalford Station6.0 miles

About Owen Isherwood, Guildford

1 Wey Road, Mary Road, Guildford, GU1 4QU

Notes

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