29 High Street Godalming Nr. Guildford Surrey GU7 1AU

29 High Street
Godalming
Nr. Guildford
Surrey
GU7 1AU

Freehold Retail and Residential Ground Rent Investment

Shop let on a recent lease
High Street location some 60 metres from the large Crown Court Public Car Park
Grade II Listed (no empty rates)
Nearby occupiers include Vision Express, Boots Optician, Robert Dyas and J D Wetherspoon
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot
5
Auction
10th December 2015
Rent
£22,150 per Annum Exclusive
Status
Sold Prior
Price
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

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Freehold Retail and Residential Ground Rent Investment

Shop let on a recent lease
High Street location some 60 metres from the large Crown Court Public Car Park
Grade II Listed (no empty rates)
Nearby occupiers include Vision Express, Boots Optician, Robert Dyas and J D Wetherspoon
Buyer's Legal Report available <a href="/media/32613/buyers legal report v4.pdf" target="_blank" title="Buyers legal report available">here</a>

Lot 5
Auction 10th December 2015
Rent £22,150 per Annum Exclusive
Status Sold Prior
Price
Sector
High Street Retail
Auction Venue
Radisson Blu Portman Hotel
22 Portman Square
London W1H 7BG

Property Information

Location

Miles: 4 miles south-west of Guildford, 36 miles south-west of Central London
Roads: A3, A31, A3100
Rail: Godalming Railway Station
Air: London Gatwick Airport, London Heathrow Airport

Situation

Godalming is an affluent London commuter town. The property is situated in a strong trading position on the south side of High Street, some 60 metres south of the large Crown Court public car park. Nearby occupiers include Vision Express, Boots Optician, Robert Dyas, Lloyds Bank and J D Wetherspoon.

Tenure

Freehold.

Location

Miles: 4 miles south-west of Guildford, 36 miles south-west of Central London
Roads: A3, A31, A3100
Rail: Godalming Railway Station
Air: London Gatwick Airport, London Heathrow Airport

Situation

Tenure

Freehold.

Description

The property, a Grade II listed building, comprises ground floor retail accommodation with a residential flat on the first and second floors. The property benefits from car parking at the rear.

Six Week Completion

Buyer's Legal Report
For the ease and convenience of prospective buyers, to speed up the process of investigating a possible purchase and to minimise the legal costs an independent legal title report is available here.

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

VAT

VAT is applicable to this lot.

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x	Review/(Reversion)
Ground	Retail/Ancillary	63.64 sq m	(685 sq ft)	CATWALK (GODALMING) LIMITED (1) (t/a Catwalk)	10 years from 16/12/2014 on a full repairing and insuring lease (2)	£22,000	29/09/2019 (28/09/2024)
First	Residential and One Car Space			MEDINBRAND LIMITED	125 years from completion	£150
Total Commercial Area		63.64 sq m	(685 sq ft)			£22,150

1) Catwalk (Godalming) Limited was incorporated in 2010 and are an established fashion boutique. The lease is guaranteed by Robert and Elizabeth Trendle.
(2) The lease provides for a tenant option to determine the lease on 28/09/2019.