38 High Street

Description

Investment Summary
• Haslemere is a highly affluent London commuter town in the heart of Surrey.
• It is ranked in The Standard’s Top 40 Commuter Hotspots for Families in 2025, due to its strong transport links to London and outstanding natural beauty.
• Situated on the eastern side of High Street, within the town’s 100% prime retail pitch.
• The ground floor is let to the undoubted covenant of Boots UK Limited, who have traded from the store for over 20 years and have a the only pharmacy license within the town centre.
• The upper parts comprise two recently refurbished flats which are let on AST’s.
• The flats have been independently valued by a local estate agent at £605,000.
• Assuming an acquisition at quoting terms, a potential purchaser could explore the sale of the residential flats and would hold the commercial element at a running yield of 8.36%.
• Total current income £88,500 per annum.
• Freehold