Gascoignes Available Retail and Leisure Properties | retail ground floor unit for sale in chertsey st guildford

Description

The property comprises of a double-fronted ground floor shop premises with full headheight Basement area, which could be utilised for either additional retail, office, or, ancillary storage space.

The premises are located in Guildford Town Centre within easy walking distance of the High Street where all of the multi-national retailers can be found. Guildford is a bustling Town with a wide selection of retailers, restaurants, cafes and bars and the property benefits from being located approximately 15 minutes' walk away from the Guildford Main Line Station. London can be reached in 40 minutes by rail and there is an excellent road network to both the A3 and M25 (J10), some 7 miles distant.

TENURE: The premises are currently held under the terms of a 5 years FRI Lease as from 07 February 2014 to 06 February 2019 at a rent of £17,500.00 per annum exclusive and available to be assigned at a nil premium. However, our client Landlord is prepared to grant a new lease, at terms to be agreed, at a commencing rent of £25,000.00 per annum exclusive. Or;

FREEHOLD: Alternatively, the premises are offered for sale by our client Landlord at the figure of £350,000.00 plus VAT, on the basis of a new 999 years Lease term on completion, together with a peppercorn annual rent of £50.00 and a de minimis Service Charge to cover a contribution towards building insurance and future maintenance external works, which may be required.