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35 Woodbridge Hl 719 SF 100% Leased Retail Building Guildford GU2 9AA $367,039 ($510.48/SF)
INVESTMENT HIGHLIGHTS
- High Street Location
- Good Frontage
EXECUTIVE SUMMARY
The property is a ground floor retail unit which comprises a large retail area and three ancillary rooms with flexible potential. There is also a large window frontage and is currently trading as a barbers.
The property occupies a mid-terrace position in a popular parade of shops within the Guildford suburb of Woodbridge Hill. It is located just off the A322 Worplesdon Road, 3km from Guildford town centre. The property is situated between the Post Office and Stretched & Fired and nearby occupiers include The Shahin, Coral Bookmakers and Co-Op.
The existing lease runs to 27th March 2029 at £18,500 per annum with no further review. A new lease has been agreed with the same tenant from 26th March 2029 for a 13 Year term at £18,500 per annum with a break at 1st January 2034 and review at 10th Jan 2034
The property occupies a mid-terrace position in a popular parade of shops within the Guildford suburb of Woodbridge Hill. It is located just off the A322 Worplesdon Road, 3km from Guildford town centre. The property is situated between the Post Office and Stretched & Fired and nearby occupiers include The Shahin, Coral Bookmakers and Co-Op.
The existing lease runs to 27th March 2029 at £18,500 per annum with no further review. A new lease has been agreed with the same tenant from 26th March 2029 for a 13 Year term at £18,500 per annum with a break at 1st January 2034 and review at 10th Jan 2034
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Storefront Retail/Residential
Building Size
719 SF
Building Class
B
Year Built
1919
Price
$367,039
Price Per SF
$510.48
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Frontage
18’ on Woodbridge Hill
AMENITIES
- Energy Performance Rating - E
- Storage Space
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
-
- -
- 718 SF
- $26.95
- Jul 2018
-
- -
- 849 SF
- -
- Jun 2014
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| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
- | 718 SF | $26.95 | Jul 2018 | ||
|
|
- | 849 SF | - | Jun 2014 |
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35 Woodbridge Hl
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