GU2 107 and 109 Aldershot Road, Guildford

Mixed-use investment opportunity comprising two ground floor retail units with residential accommodation above on established parade

107 - The ground floor comprises modern partitioned retail/office accommodation with kitchenette and WC facilities, together with a rear and side warehouse/yard area. Above is a self-contained 3-bedroom flat with separate rear access and parking.

109 - The ground floor comprises an open-plan retail unit with glazed frontage, rear storage and WC facilities, together with an external store. Above is a 2-bedroom flat accessed internally via the property.

107:

C-62 / 107a: E-50

109: C-74

The ground floor retail unit and first floor flat at No.107 is let to Dignity Funeral Directors on a 10-year FRI lease from 2023, incorporating a tenant-only break and upwards-only open market rent review at year 5, at a passing rent of £28,750 p.a.

The ground floor retail unit and first floor flat at No.109 is let to Jean's Florist on a 10-year FRI lease from 2024, incorporating a 3 year and 5 year tenant-only break, at a passing rent of £16,000 p.a.

Rateable Value of No.107: £15,000

Rateable Value of No.109: £14,250.

Prominent Aldershot Road frontage on an established retail parade

Ground floor commercial accommodation with residential accommodation above

Existing retail tenants in occupation

Convenient access to Guildford town centre and transport links

Strong local catchment and passing trade

107 & 109 Aldershot Road occupy a prominent position within the Southway shopping parade, just off Aldershot Road in Guildford. The units benefit from strong levels of passing traffic, a substantial surrounding residential population, and convenient access to Guildford town centre, the A3, Surrey Research Park, and the Royal Surrey County Hospital.