The property is located in the Upper High Street, in the heart of Guildford’s busy restaurant environment. G Live is close by and the property is within walking distance of both Guildford and London Road railway stations. Nearby occupiers include Savills, KFC, Subway, Toni & Guy, Cau, Pizza Express, Zizzi, The Jetty & Chilli Pickle.
The property is currently fitted as a ground floor restaurant with 70+ covers and staffroom/toilets on 1st floor. The accommodation is flexible and could be adapted as 2 single units.
Current planning is A3 Restaurant use. Alternative A1/A2 uses that do not require Planning will be considered.
According to the Valuation Office website the Rateable Value is £103,000 described as Restaurant & Premises. A Uniform Business Rate of 49.3p in the £ will apply. (Rates payable: £50,779)
RESTAURANT IN GUILDFORD TOWN CENTRE, 260 - 262 High Street, Guildford
A3 Use Town Centre Restaurant Premises 40.3 sq. m. / 434 sq. ft. Arranged Over 2 Floors Fully Fitted Kitchen Outdoor seating Area (not included in lease) Business & Fixtures/fittings for sale
Location The property is located on The Shambles, a pedestrian cul-de-sac off the High Street and close to Guildford’s prime retail shopping area. The Shambles is located next to Gap and Vodafone, opposite Ernest Jones. Guildford’s mainline railway station is approximately half a mile from the property.
Description This town centre restaurant is a self-contained two storey building, with customer seating across the whole of the ground floor, and kitchen, storage and WCs on the first floor. The property has large ground floor windows, electric heating and high ceilings with recessed spotlights. Outside the property there is space for outdoor seating (this area is not included within the lease demise). There is a fully equipped and operational kitchen with a 5 ring gas cooker and commercial grade ventilation.
Accommodation Ground Floor 24.83 sq. m. 267 sq. ft. First Floor 15.47 sq. m. 167 sq. ft. Total 40.30 sq. m. 434 sq. ft.
Terms The premises is available by way of an assignment of the current 15 year FRI lease from 31st January 2018 expiring on 30th January 2033 at a passing rent of £30,000 pa exclusive. The lease is protected by the Landlord & Tenant Act 1954 Part II. Full lease details available on request.
Price Guide price: £40,000 for the fixtures and fittings and leasehold interest.
EPC Rating: E - 116
Legal Costs Each party to bear their own legal costs incurred in the transaction.
Prominent Frontage on Busy Thoroughfare Parking to the Front Good Internal Condition 100% Small Business Rates Relief Available 56.35 sq. m. / 606.59 sq. ft.
Location Located on a busy access road into Guildford Town Centre, (0.5 miles away), the Station (0.2 miles away), University of Surrey, Cathedral, Hospital and A3 slip road are all within close vicinity. Guildford is Surreys principal town with excellent shopping and commercial base.
Description 26 Madrid Road is a ground floor retail unit with store, kitchenette and WC facilities to the rear. The retail area is fitted out to a good standard as a convenience store; with wood laminate floor coverings, a suspended ceiling and LED light panels. Within the rear store area there is a vinyl floor covering rather than wood laminate. One parking space is included within the front forecourt.
Accommodation The shop internal area is approximately: 56.35 sq. m. / 606.59 sq. ft.
Rent Available by way of an Assignment of the existing lease at a passing rent of £14,000 p.a. or on a new lease with terms to be agreed.
Large Double Fronted Retail Unit 105.43 sq. m. / 1,134 sq. ft. Ground Floor Premises with Rear External Storage Established Vehicles Sales Use
Location This shop is located on Woodbridge Hill, just off the Worplesdon Road, close to the A3 access at Cathedral Hill. It is situated on an established parade amongst a variety of businesses, including Co-Op Funeral Care, the Post Office, CPL Bathrooms and the Wooden Bridge Pub.
Description The shop comprises the whole of the ground floors of both no.23 & no.25 , with large, full height glazed frontage facing onto Woodbridge Hill. The internal space comprises an open retail area, with a change of floor level a rear office with internal storage space beyond and an ancillary workshop or storage room with a single WC.
The shop is currently in use as motorcycle dealership with heavy duty rubber matted flooring, suspended ceiling and wall cladding for the hanging and display of goods. There are recessed lights and a gas fired boiler feeding radiators.
Accommodation The useable floor area is approximately: Ground Floor Retail Space: 70.78 sq. m. / 762 sq. ft. Office: 13.5 sq. m. / 145 sq. ft. Internal Storage: 10.15 sq. m. / 109 sq. ft. Ancillary Workshop: 11 sq. m. / 118 sq. ft. WC Total: 105.43 sq. m. / 1,134 sq. ft.
Rent £27,500 p.a. exclusive.
Lease The premises is available on a new lease for a term to be agreed.
• Commercial unit located in the heart of the Queen Elizabeth Park • 1043.5 sq m (11,232 sq ft) GIA • Class A1 planning permission - alternative uses considered STP • Designated parking for 56 vehicles • £170,648 per annum
1B Friary Street is arranged over ground floor only and occupies a prominent location on the prime retailing pitch of Friary Street, linking Friary Shopping Centre and the High Street with nearby national occupiers including TK Maxx, Superdry, New Look, Urban Outfitters, Topshop / Topman and Debenhams.