Stoughton Road, Guildford

For Sale £400,000

The ground floor is split through the middle with a car repair shop on one side and an upholstery shop on the other. Both tenants are currently letting the premises on licenses, however they are open to taking on longer-term leases as they are well established in their commercial units. The upstairs flat is let on an AST agreement.

Altogether the tenants are paying £36,000pa, however after bills the Landlord currently gets an income of £32,000pa for the building.

There is scope for further development at the property as there is land next to the building currently used as a small car park and storage, with the current tenants also only letting the building on short-term contracts.

Services to the property are water and three-phase electricity with no gas.

  • 7.5% Yield
  • Mixed-use investment
  • Scope for further development
  • Popular investment area
  • Active commercial town
  • Freehold
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