Guildford, 48 High Street – Phase Eight
Tuesday 1st June, 2021TDBRE have advised on the acquisition of this prime high street shop in Guildford.
The property comprises a shop on ground, basement, and part first floors let to Phase Eight on a 3 year lease from July 2020, at a rebased rent of £100,000 per annum. The lease benefits from mutual breaks on 6 months’ notice.
There is also a 3 bed flat on part first and second floors which is fully let on an AST at a rent of £18,000 per annum.
The Vendor, Aberdeen Standard Investments were advised by Green and Partners, the Purchaser was advised by TDB Real Estate.
Completion – May 2021.