Britannia House, 5 & 6 Millmead, Guildford, Surrey GU2 4BE

Location

Britannia House is located in Guildford Town Centre on Millmead, overlooking the River Wey and the Yvonne Arnaud Theatre, just along the River Wey from Guildford Borough Council’s offices. The property is a short walk from the High Street and Guildford mainline station. It is accessible by car from Portsmouth Road and the Mount

Description

Built in the 17th Century and comprising of two buildings within a small terrace of commercial properties. The property is a timber-framed grade II listed building with white rendered front elevation, pebbledash side elevation with hanging tile above There is a central chimney and two dormer windows on the top floor. To the rear there is a single storey extension which houses the WCs and kitchenette for No.6, alongside a parking area for up to 8 Cars. Internally 5 and 6 Millmead can be occupied either together or separately and they are arranged over three floors with a kitchenette and WC facilities on the ground floor of each property. The property has recessed spot lighting, wall mounted radiators and is wired for data throughout.

Accommodation  

Tenure

To be sold Freehold.
No. 5: Sciecure Pharma Ltd & JCSH Pharma Ltd have a new 10 year lease from Sept 2019 at a passing rent of £25,000 pa.
First Floor No. 6: The rear office was let out at £6,600 pa. and the front offices were let out at £4,200 pa. and both are currently up for renewal at a combined rental of £12,000 per annum.
Second Floor No. 6: Vacant. With a previous rent achieved of £15,000 per annum

Current Income- £37,000 per annum
Potential Income - £49,000 per annum.

Price

£600,000

EPC

N/A due to listed status

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