Investment.

Guildford.

22 North Street

Map View

Status.

Available

Accommodation.

Ground Floor 1,775 sq ft 164.96 sq m
First Floor 1,074 sq ft 99.81 sq m

Price.

£1,400,000 (Subject to Contract and Exclusive VAT)

Location.

Guildford is regarded as a strong regional retailing town. It is ranked as one of the most affluent of the PROMIS centres on the PMA affluence indicator and within the Guildford area there are a significantly above average proportion of adults of working age categorised within the most affluent AB social group and in contrast an under representation of, the least affluent D and E social groups. Reflecting the demographic profile and spending habits of the Primary Retail Market Area, per capita total retail spending levels in Guildford are significantly above the PROMIS average. (Source: CACI).

In addition, retail and leisure expenditure within the town is boosted by Guildford’s growing student population. The University of Surrey, a 10 minute walk from the town centre had circa 14,750 students alone in 2023.

Description.

The property occupies a prominent and imposing position at the western end of North Street in close proximity to the town’s main shopping centre, The Friary. 

The town offers an attractive retailing environment and benefits from a healthy mix of high-end retailers, national ‘High Street’ multiple brands and a variety of established independent outlets. Guildford's vibrant café culture, supported by diverse independent cafes and popular restaurants, enhances its shopping appeal and consumer dwell time.

Rent.

£126,650 per annum exclusive

Tenure.

Freehold

Yield.

A net initial yield of 8.50%.

Share.

All viewings are strictly by prior appointment.

Jonny Gooch.

Associate Partner | Investment

Ed Smith.

Partner | Investment

What Our Clients Say.

Green & Partners understand our needs and continually exceed expectations.

abrdn

Thorough, tenacious, practical in their outlook and approach but above all they get results.

La Salle Investment Management

The expertise and excellent client focus provided by Team G&P is greatly valued and appreciated. The continuing hard work to support our investment, Leasing and Asset Management activities has enabled us to drive investment performance for our clients.

M & G Real Estate

Green & Partners are a focused, diligent and highly determined team who exceed our expectations time after time.

DTZ Investors

With Green & Partners you get Partner level involvement and Commitment whether it's an MSU or a small kiosk. They are creative and tenacious and have a very good knowledge of shopping centres and the retailer market at all levels.

Hammerson