Key Points
Location
107 & 109 Aldershot Road occupy a prominent position within the Southway shopping parade, just off Aldershot Road in Guildford. The units benefit from strong levels of passing traffic, a substantial surrounding residential population, and convenient access to Guildford town centre, the A3, Surrey Research Park, and the Royal Surrey County Hospital.
Description
107 – The ground floor comprises modern partitioned retail/office accommodation with kitchenette and WC facilities, together with a rear and side warehouse/yard area. Above is a self-contained 3-bedroom flat with separate rear access and parking.
109 – The ground floor comprises an open-plan retail unit with glazed frontage, rear storage and WC facilities, together with an external store. Above is a 2 bedroom flat accessed internally via the property.
Accommodation
| sq ft | sq m | |
| 107 | 2,217 | 205.97 |
| 109 | 881.20 | 81.87 |
| Total | 3,098.20 | 287.84 |
Terms
The ground floor retail unit and first floor flat at No.107 is let to Dignity Funeral Directors on a 10-year FRI lease from 2023, incorporating a tenant-only break and upwards-only open market rent review at year 5, at a passing rent of £28,750 p.a.
The ground floor retail unit and first floor flat at No.109 is let to Jean’s Florist on a 10-year FRI lease from 2024, incorporating a 3 year and 5 year tenant-only break, at a passing rent of £16,000 p.a
Price
£585,000 no VAT
Business Rates
Rateable Value of No.107: £15,000
Rateable Value of No.109: £14,250.
EPC
107: C-62 / 107a: E-50
109: C-74
Anti Money Laundering Policy
In accordance with Anti Money Laundering Regulations, the successful purchaser will be required to provide two forms of identification and confirmation of the source of funding.
Legal Costs
Each party to bear their own legal costs incurred in the transaction
Viewing
Strictly by appointment with the sole agents Owen Isherwood
01483 300 176
