We have been instructed to market this prime rebased retail investment in Guildford.

The main investment considerations can be set out as follows:-

• Guildford is one of the UK’s premier retailing destinations, located approximately 30 miles outside of central London.

• The property occupies a highly prominent location on the corner of North Street and Market Street, within the immediate vicinity of the High Street and the Friary Centre.

• The proposed pedestrianisation of North Street and the associated surrounding development will improve the environment and street scaping.

• The 2 leases are rebased, having gone through negotiated lease renewals, with the Café Nero rent, reducing by c 20% and the Bravissimo by c 39%, offering good prospects for future rental growth.

• The WAULT is currently 4.4 years to expiry.

• The property offers potential residential residual options on the upper floors, subject to availability and planning.

Our clients are requesting offers in excess of £2,195,000(Two Million One Hundred and Ninety-Five Thousand Pounds), for the freehold interest, subject to contract and exclusive of VAT, which reflects a net initial yield of 8%,net of standard purchaser’s costs.