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New Property Investment in Guildford High Street

15 June, 2023
We’re really on a roll with new investment instructions! This time we’re focusing on Guildford, with the launch of 68 High Street – a prime retail investment in the heart of the affluent town, which has planning consent to add five residential units on the upper floors.
Guildford1

Occupying a prominent corner location of the fully pedestrianised High Street, this Grade II-listed property is let to Joe & The Juice on a 10-year lease across the ground and basement, with no break.

We’re seeking offers in excess of £3.125m, reflecting a net initial yield of 6% on the retail element, and a low capital value of £103/sq ft on the vacant accommodation above, which makes this property a fantastic opportunity for anyone looking to capitalise on the strength of Guildford as both a town and retail destination.

Get in touch with FMX's Tom Heptonstall and Patrick Kilvington, or joint agents Peter Bellion and Mark Isherwood at Owen Isherwood, today to find out more!

 

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