180 High Street, Guildford, GU1 3HW

NEW

Key Points

Prominent High Street location at the junction of North Street
Self-contained first-floor access from the High Street, offering scope for future residential conversion.
Surrounded by a strong mix of established national and independent retailers including Ryman, Headmasters, Mint Velvet and Neptune Furniture.
The entire property is let to Washington Green Retail Limited, Co Reg Number (UK06552342). In the year to Dec 2024 the company had a turnover of £48.90 million with pretax profit of £1.06 Million. They are considered to be a very low risk and would provide an excellent covenant.
New 10 year lease with no tenant break clause.

Location

Prominently positioned on a busy High Street with excellent visibility and surrounded by established national and independent retailers, including Stone, Magnet and Sharps. Ryman and Headmasters are opposite, with Hamptons and Neptune Furniture nearby.

Description

Arranged over ground, first and second floors, with an attractive oak staircase to the first-floor retail space. The rear first floor benefits from good natural light via a conservatory-style glazed roof and attractive wood flooring. A self-contained entrance and staircase provide separate first-floor access, offering potential for residential conversion, subject to planning.

Accommodation

Name	sq ft	sq m
Ground Floor - Retail	910	84.54
1st Floor - Retail	660	61.32
1st Floor - Storage	407	37.81
2nd Floor - Retail	272	25.27
Total	2,249	208.94

Price

Offers in the region of £900,000

Business Rates

Rateable value: £48,500

EPC

B (42)

Tenure

Freehold, subject to the lease for a term of 10 years on FR&I basis from 25th March 2026 at a rent of £75,000 per annum exclusive with an upward only review to open market rent at the end of the 5th year. The lease is inside the Act.

Anti Money Laundering Policy

In accordance with Anti Money Laundering Regulations, the successful purchaser will be required to provide two forms of identification and confirmation of the source of funding.

Legal Costs

Each party to bear their own legal costs incurred in the transaction

Viewing

Strictly by appointment with the sole agents Owen Isherwood