Office

73-75 North Street, Guildford GU1 4AW

 

Quoting Price: £8,450,000 - Initial Yield:6.00%

Acting on behalf of LaSalle Investment Management, we are instructed to market a prime mixed use office and retail investment in the heart of Guildford.

Situated prominently fronting North Street in close proximity to all amenities. Upper floors fully refurbished in May 2018 and let on 10 year FRI lease to Explore Learning with a 5th year review linked to CPI. 4 retail units at ground floor let to Patisserie Valerie, Sally Salon services, Sevenoaks Sounds & Vision and Sanrizz. 

Attractive AWULT of 8.2 years to expiry and 7.6 years to breaks. The property is held freehold.

We are instructed to seek offers in excess of £8,450,000 (Eight Million, Four Hundred and Fifty Thousand Pounds), subject to contract and exclusive of VAT. A purchase at this level reflects a net initial yield of 6.00%, assuming purchasers costs of 6.68%.

Contact

Jeff Ellis

Tel: 020 7493 3330
Mob: 07775 582 719
jellis@lewisellis.co.uk

David Kos

Tel: 020 7493 3330
Mob: 07709 813267
dkos@lewisellis.co.uk


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