Britannia House, 5 & 6 Millmead, Guildford Surrey, GU2 4BE
2,170 Sq Ft / Other / Investment
For Sale
- £600,000.00
Available - Last updated: 25 September 2024
Summary
Built in the 17th Century and comprising of two buildings within a small terrace of commercial properties.
The property is a timber-framed grade II listed building with white rendered front elevation, pebbledash side elevation with hanging tile above There is a central chimney and two dormer windows on the top floor. To the rear there is a single storey extension which houses the WCs and kitchenette for No.6, alongside a parking area for up to 8 Cars. Internally 5 and 6 Millmead can be occupied either together or separately and they are arranged over three floors with a kitchenette and WC facilities on the ground floor of each property. The property has recessed spot lighting, wall mounted radiators and is wired for data throughout.
Key Points
Location
Britannia House is located in Guildford Town Centre on Millmead, overlooking the River Wey and the Yvonne Arnaud Theatre, just along the River Wey from Guildford Borough Council’s offices. The property is a short walk from the High Street and Guildford mainline station. It is accessible by car from Portsmouth Road and the Mount.Terms
To be sold Freehold.
No. 5: Sciecure Pharma Ltd & JCSH Pharma Ltd have a new 10 year lease from Sept 2019 at a passing rent of £25,000 pa.
First Floor No. 6: The rear office was let out at £6,600 pa. and the front offices were let out at £4,200 pa. and both are currently up for renewal at a combined rental of £12,000 per annum.
Second Floor No. 6: Vacant. With a previous rent achieved of £15,000 per annum.
Current Income- £37,000 per annum
Potential Income - £49,000 per annum.
Property Quote Price(s)
| Description | Sale type | Guide price | Price type |
| |
For Sale Freehold
|
£600,000.00
| NA |
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