LOT 8 · COMMERCIAL PROPERTY
88-92 High Street
Godalming, GU7 1DW
A Substantial Freehold Town Centre Retail Investment Let to Boots UK Limited, Producing £97,250 Per Annum and Extending to Approximately 8,723 Sq Ft.
Property description
The property comprises a substantial freehold retail building occupying a prominent corner position at the junction of High Street and Moss Lane in Godalming town centre. Arranged over ground and first floors, the building extends to approximately 810 sq m (8,723 sq ft), comprising ground floor retail accommodation with rear loading facilities and first floor storage, offices and ancillary accommodation.
The property is let to Boots UK Limited on a full repairing and insuring lease, producing £97,250 per annum, with the lease expiring on 23 June 2028.
The site extends to approximately 0.11 acres and offers potential for additional floors and residential development above the existing building, subject to planning permission.
Accommodation
Ground Floor
Retail Sales Accommodation
Rear Loading and Ancillary Accommodation
Approximately 408 sq m (4,391 sq ft).
First Floor
Storage Accommodation
Offices
Ancillary Accommodation and WC Facilities
Approximately 402 sq m (4,332 sq ft).
Total Floor Area
Approximately 810 sq m (8,723 sq ft).
Location
The property is situated on Godalming High Street at its junction with Moss Lane, in the heart of the town's principal shopping area. Godalming offers a combination of national retailers, independent shops, restaurants, cafés and local services, together with nearby riverside walks and the town's historic centre.
Godalming railway station provides services towards London Waterloo and Guildford. Road communications include access to the A3 and surrounding Surrey towns.
Exterior
Prominent corner frontage to High Street and Moss Lane, with rear loading accommodation.
Run the Numbers
Explore rental returns and monthly repayments for this property.
Your rental returns
- Gross yield
- 8.5%
- Net yield
- 8.5%
- Annual income
- £97,248
Net yield deducts your annual running costs, before tax and finance.
Yields use the purchase price and assume 12 months’ rent. Include maintenance, insurance, management and vacancy allowances in annual costs. Tax, finance and purchase fees are excluded.
Illustrative estimates only, not financial advice or a lending offer. Confirm funding and the completion deadline before bidding.
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