MapRetail property (high street) for sale
125 High Street, Cranleigh, GU6 8AU
Retail property (high street)
2079
Features and description
- Investment Property Let to Strong Covenant.
- Located in Attractive Surrey Village of Cranleigh.
- Quoting Price Represents a GIY of 7.86%
- Lease inside Act with Expiry in June 2027
- Fully Repairing and Insuring Lease
125 High Street is a ground floor retail unit currently occupied by Oxfam and benefits from a small mezzanine storage area to the rear of the shop and 2 demised car parking spaces in the yard to the rear. This property offers significant potential to purchase a solid income producing asset in a very desirable part of Cranleigh High Street.
The subject property is located on a prime pitch of Cranleigh High Street in Surrey. Cranleigh is a bustling village located roughly 9 miles South of Guildford and 10 miles Northwest of Horsham. Nearby occupiers include Cook, M&S, Sainsbury’s & Pizza Express
Oxfam are in occupation on an inside the act lease which expires in June 2027, paying a rent of £27,500 per annum. The quoting price represents a Gross Initial Yield of 7.86%.
The subject property is located on a prime pitch of Cranleigh High Street in Surrey. Cranleigh is a bustling village located roughly 9 miles South of Guildford and 10 miles Northwest of Horsham. Nearby occupiers include Cook, M&S, Sainsbury’s & Pizza Express
Oxfam are in occupation on an inside the act lease which expires in June 2027, paying a rent of £27,500 per annum. The quoting price represents a Gross Initial Yield of 7.86%.
Property information from this agent
About this agent
Owen Isherwood was formed in 2021 following the merger of Owen Shipp and Wadham & Isherwood, becoming one of the largest independent commercial agencies covering Surrey, West Sussex and Hampshire. This merger brings together two leading firms that each have over 30 years’ experience in providing expertise in all areas of commercial property. Operating from our base in Guildford, we provide expert advice in Commercial Agency, Investment Sales and Acquisitions, Valuations, Lease Renewals and Rent Reviews in all of the surrounding market towns, villages and hamlets stretching from the South of Hampshire to South London. Our experienced staff members have extensive knowledge and experience within the property industry and combined with our long established presence in the Surrey area are able to offer strong local market knowledge. Our aim is to provide our clients with an enthusiastic, effective and friendly service which allows them to make fully informed decisions in the purchase, disposal or enhancements of their property assets.