220 High Street Guildford Surrey GU1 3JD

220 High Street
Guildford
Surrey
GU1 3JD

  • 220 High Street<br>Guildford<br>Surrey<br>GU1 3JD

Freehold Retail and Residential Investment

  • Retail Unit with a Large Self Contained Studio Flat
  • Retail Let to Oxfam since 2000
  • Large Studio flat let on AST
  • Highly Affluent and Desirable London Commuter and University Town
  • Nearby Occupiers Include Strutt & Parker, Rymans, Starbucks and KFC
  • Lot
    24
  • Auction
    12/Jul/2022
  • Rent
    £50,500 per Annum Exclusive
  • Status
    Sold
  • Price*
    £719,000
  • Sector
    High Street Retail
  • Auction Venue
    Live Streamed Auction
Important Update
  • Expand
  • Photos
  • Map

* More information on the term "price" can be found here

Property Information

Location
Miles
6 miles south of Woking, 30 miles south-west of London
Roads
A3001, A25, A3
Rail
London Road Railway station & Guildford Railway station
Air
London Gatwick Airport, London Heathrow Airport
Situation

Guildford is a popular and affluent London commuter town benefiting from excellent transport links to London, with the A3 road link nearby and direct trains to London Waterloo with a fastest journey time of 32 minutes. The property is prominently situated on the south side of the High Street within close proximity to Royal Grammar School Guildford, a number of public car parks and an array of national retailers including Sofa.com, Strutt & Parker, Rohan, Starbucks and KFC. The town is also home to the University of Surrey.

Tenure

Freehold.

Location
Miles
6 miles south of Woking, 30 miles south-west of London
Roads
A3001, A25, A3
Rail
London Road Railway station & Guildford Railway station
Air
London Gatwick Airport, London Heathrow Airport
Situation

Guildford is a popular and affluent London commuter town benefiting from excellent transport links to London, with the A3 road link nearby and direct trains to London Waterloo with a fastest journey time of 32 minutes. The property is prominently situated on the south side of the High Street within close proximity to Royal Grammar School Guildford, a number of public car parks and an array of national retailers including Sofa.com, Strutt & Parker, Rohan, Starbucks and KFC. The town is also home to the University of Surrey.

Tenure

Freehold.

Description

The property forms part of an attractive terrace and comprises ground floor retail accommodation with ancillary accommodation on the first floor. A large studio flat occupies the second floor and is accessed via the alleyway to the west of the property.

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion available.

EPC

Band D (Commercial), Band E (Residential)

Description

The property forms part of an attractive terrace and comprises ground floor retail accommodation with ancillary accommodation on the first floor. A large studio flat occupies the second floor and is accessed via the alleyway to the west of the property.

VAT

VAT is not applicable to this lot.

Completion Period

Six week completion available.

EPC

Band D (Commercial), Band E (Residential)

Tenancy & Accommodation

Floor Use Floor Areas
Approx sq m
Floor Areas
Approx sq ft
Tenant Term Rent p.a.x. Reversion
Ground
First
Retail
Ancillary
56.70
46.50
(611)
(501)
OXFAM
(CRN 00612172)
(1)
5 years from 26/11/2020
£41,500
25/11/2025
Second Residential
57.00
(614)
INDIVIDUAL Assured Shorthold Tenancy
from 16/06/2017
£9,000 (3)
Holding Over
Total Approximate
Commercial Floor Area
 
160.20 sq m
(1,726 sq ft)
(2)
   
£50,500
 

(1) Oxfam (CRN 00612172) was set up in 1942 and is a development, relief and campaigning organisation and part of Oxfam International. The tenant has been in occupation since January 2000.
(2) The commercial floor areas stated above are those published by the Valuation Office Agency (www.voa.gov.uk). The residential floor areas stated above have been provided by an EPC taken in 2019.
(3) The rent stated above has been annualised. Under the terms of the AST the current rent reserved is £750 per calendar month. A rent deposit of £800 is held by the Seller.

If you are the successful bidder, Acuitus requires a separate payment of £1,250+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.

Property Documents

  • Brochure
    Updated Date
    22.06.22
    File Size
    1 MB
    View PDF
  • Common Auction conditions
    Updated Date
    10.06.21
    File Size
    168 KB
    View PDF
  • Memorandum of Sale
    Updated Date
    27.03.17
    File Size
    27 KB
    View PDF

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Alexander AuteracAlexander Auterac +44 (0)20 7034 4859 +44 (0)7713 135 034alexander.auterac@acuitus.co.uk
Associate AuctioneersCraig Van Straten 020 7629 9050 07763 928 238craigvanstraten@johndwood.com
Seller's Solicitors
Boyes Turner LLP Abbots House , Abbey Street
Reading
RG1 3BD
Philip Jacques 0118 952 7246pjacques@boyesturner.com

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

By clicking the Submit button I confirm that I would like to register my interest in this Property. Please email me updates when they are published.

If you have a query, please fill in the box below, otherwise click the Submit button.

You have 200 character(s) left.

Are you sure you want to remove this property from My Catalogue?

Are you sure you are no longer interested in this property?

Are you sure you want to delete your Account?

Making the buying and selling of property a seamless experience
Everything you need to know whether you are a buyer or sellerHelp Centre
How can Acuitus Finance help you with bridging finance
How can Acuitus Finance help you with bridging financeObtain bridging finance now