Britannia House 5 - 6 Millmead Guildford Surrey GU2 4BE

  • Britannia House<br>5 - 6 Millmead<br>Guildford<br>Surrey<br>GU2 4BE

Britannia House
5 - 6 Millmead
Guildford
Surrey
GU2 4BE

Freehold Office Investment

  • Prominent location 150 metres from High Street and 450 metres from Guildford Railway Station
  • Totalling approximately 1,930 sq ft
  • Includes 6 car parking spaces (1)
  • Residential conversion potential (subject to consents)
  • Lot
    22
  • Auction
    4th April 2019
  • Rent
    £48,300 per Annum
  • Status
    Sold
  • Price
    £480,000
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG
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Freehold Office Investment

  • Prominent location 150 metres from High Street and 450 metres from Guildford Railway Station
  • Totalling approximately 1,930 sq ft
  • Includes 6 car parking spaces (1)
  • Residential conversion potential (subject to consents)
  • Lot 22
  • Auction 4th April 2019
  • Rent £48,300 per Annum
  • Status Sold
  • Price £480,000
  • Sector
    Office
  • Auction Venue
    The Radisson Blu Portman Hotel
    22 Portman Square
    London W1H 7BG

Property Information

Location
Miles
30 miles south-west of Central London, 6 miles south of Woking
Roads
A3100, A25 & A3
Rail
Guildford Railway Station, London Road Railway Station
Air
London Gatwick, London Heathrow Airport
Situation

Guildford is an affluent and attractive London commuter town situated 30 miles south-west of Central London. The property is located in the heart of the town centre overlooking the River Wey, 160 metres from High Street and 450 metres from Guildford Railway Station.

Tenure

Freehold.

Location
Miles
30 miles south-west of Central London, 6 miles south of Woking
Roads
A3100, A25 & A3
Rail
Guildford Railway Station, London Road Railway Station
Air
London Gatwick, London Heathrow Airport
Situation

Guildford is an affluent and attractive London commuter town situated 30 miles south-west of Central London. The property is located in the heart of the town centre overlooking the River Wey, 160 metres from High Street and 450 metres from Guildford Railway Station.

Tenure

Freehold.

Description

The property is two adjoining former houses each with its own entrance and currently comprises office accommodation on the ground and two upper floors. The property benefits from 6 car parking spaces to the rear (1).

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Description

The property is two adjoining former houses each with its own entrance and currently comprises office accommodation on the ground and two upper floors. The property benefits from 6 car parking spaces to the rear (1).

VAT

VAT is not applicable to this lot.

Completion Period

Six Week Completion

EPC

The EPC will be available to view online in the solicitor’s legal pack.

Tenancy & Accommodation

Unit Floor Use Floor Areas (Approx) Tenant Term Rent p.a.
Unit 5 Ground, First
and Second
Office
76.51 sq m
(824 sq ft)
SCIECURE PHARMA
LIMITED and JCSH
PHARMA LIMITED
Let on a licence
for a term of 1 year
from 07/01/2019
£22,500
Unit 6 Ground Communal
area
30.00 sq m
(323 sq ft)
     
Unit 6 First Office
32.55 sq m
(350 sq ft)
Local Covenant Let on a licence
for a term of 1 year
£10,800 (2)
Unit 6 Second Office
40.27 sq m
(433 sq ft)
Local Covenant Let on a licence
for a term of 1 year
£15,000
Totals
179.33 sq m
(1,930 sq ft)
    £48,300

(1) The seller has a lease of rights granted from the Church over the access road owned by the Church at a current rent of £3,788.75 per annum exclusive subject to annual increases and mutually determinable on 6 months’ notice.
(2) As to Unit 6 First Floor, the rent shown is inclusive. See legal pack for details.

Contacts

Acuitus
John MehtabJohn Mehtab +44 (0)20 7034 4855 +44 (0)7899 060 519john.mehtab@acuitus.co.uk
Seller's Solicitors
Terry Jones Solicitors 7 Hollinswood Court, Stafford Park 1
Telford
Shropshire
TF3 3DE
Peter Wilson 01952 297 979peterw@terry-jones.co.uk

Useful Links

Acuitus Finance
Stuart BuchananStuart Buchanan +44 (0)20 7034 4850 +44 (0)7879 432868stuart.buchanan@acuitus.co.uk

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