69 High Street, Godalming GU7 1AW

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69 High Street, Godalming GU7 1AW

Retail 5000 Sq ft For Sale Price on Application

Key Points

  • Planning approvwd for 6 houses and 2 large apartments
  • Located in the heart of Godalming
  • Freehold purchase available with the potential of Ground Floor Retail sold off on Long Lease.
  • GDV of residential scheme c. £4m plus addtional funds from sale of LLH

Location

This prominent retail property lies in the centre of Godalming High Street. Adjoining occupiers include Superdrug, Waterstones, Boots and soon to open Gail’s Bakery. Godalming’s mainline train station is within 10 minutes walking distance with regular services to London Waterloo. The property is located opposite to the Town Centre’s main public car park and is visible to a large stretch of the High Street.

Description

Planning permission has been granted for 6 houses and 2 large apartments on the upper floor and to the rear of the retail unit Totalling 9 235 sq ft 858 sq m) of residential
floor space The scheme is formed of a mixture of 1 2 3 bed accommodation There is dedicated access from the rear of the property including parking, private gardens, cycle
stores, terraces and communal garden/landscaped areas.

There is already strong interest in the purchase of a 999 year lease on the vacant ground floor retail, with a potential simultaneous deal to be made along with the purchase of the Freehold This is a benefit to any developers looking to reduce the risk associated with obtaining a vacant retail unit along with the residential development on the upper floors

Price

£2,300,000 plus VAT

EPC

TBC

Legal Costs

Each party to bear their own legal costs incurred in the transaction

Planning Permission

WA/2020/1367

Viewing

Strictly by appointment with the sole agents

Adam Fenney

Adam Fenney
Director
07983 204530
adam@owenisherwood.com

  • Retail
  • 1456 Sq ft
  • To Let
  • Rental offers are invited

  • Retail
  • 915 Sq ft
  • To Let
  • 9 - £25,000 10 - £27,500
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