Haslemere

38 High Street

38 High Street, Haslemere

Sold

Property Details

Price

£1,270,000

Rent

£88,500

Net Initial Yield

6.99%

Tenure

Freehold

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

Location

Contacts for this property

James
James Mead
07919 622542
Graham
Graham Fawcett
07980 548852
Paddy
Patrick Kilvington
07860 625512
Olly Photo
Oliver Smart
07818 402754

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