Location
The property is prominently situated on North Street in Guildford, one of the town’s principal commercial and retail thoroughfares. The area benefits from strong footfall and is within close proximity to the High Street, The Friary Centre, and Guildford Railway Station, providing excellent accessibility and a mix of national and independent occupiers nearby.
Description
Prominent retail premises within The Old Cloth Hall, a historic Grade II listed building dating from 1629 and prominently positioned on North Street. The property was most recently occupied by Edinburgh Woollen Mill and is surrounded by a number of national retailers including HSBC, Sevenoaks Sound & Vision, Decathlon and Itsu. The premises are suitable for a variety of Class E uses.
The ground and first floors are currently undergoing refurbishment by the landlord, including the installation of new WCs at ground floor level and upgraded lighting throughout. The opportunity is for the ground and first floors only, additional storage space may also be available, subject to separate negotiation.
Accommodation
| sq ft | sq m | |
| Ground Flr - Retail Space | 1,123 | 104.33 |
| 1st Flr - Retail Space | 648 | 60.20 |
| 1st Flr - Ancillary Retail/Storage | 275 | 25.55 |
| Total | 2,046 | 190.08 |
Terms
New internal repairing and insuring lease for 5 years outside the Landlord and Tenant Act.
Rent
£35,000 per annum (exclusive of rates and VAT).
Business Rates
Following Landlords works the property will be reassessed for business rates.
Legal Costs
Each party to bear their own legal costs incurred in the transaction
Viewing
Strictly by appointment with the sole agents Owen Isherwood