Home > Auctions > 24 & 25 November 2025 25 November 2025 - 9:00am > Lot 140

24 & 25 November 2025: Tuesday 25 November 2025 - 9:00am
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Property details

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    Proposed Ground and First Floor Plan -

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    Key features

    • To be offered on Tuesday 25 November
    • Attractive Freehold Retail Investment with Development Potential
    • Entirely let to Boots UK Limited on a lease holding over(1)
    • Benefits from planning consent for 6 flats
    • Located in the affluent commuter town of Guildford
    • Well situated in an established trading position, adjacent to both Boots and Pret A Manger
    • VAT is applicable
    • Investment let at £130,024 p.a. (reflecting 8.66% GIY off Guide Price)

    Description

    The property is arranged over ground and one upper floor to provide a ground floor shop with office and ancillary accommodation above.

    Additional information

    Tenure

    Freehold

    Accommodation

    Ground Floor - 165.84 sq m (1,785 sq ft)

    First Floor - 80.54 sq m (867 sq ft)

    Total - 246.38 sq m (2,652 sq ft)

    Tenancy

    Let to Boots UK Limited (t/a Boots Optician and Hearing Care) on a full repairing and insuring (FRI) lease for a term of 5 years from July 2020 at £130,024 per annum.


    (1) The lease expired on 21 July 2025 and a Section 26 Notice was served on 3 March 2025 which has been extended and expires on 16 February 2026.

    Planning

    The property benefits from planning permission for the Conversion and extension to existing commercial building to create 6 new flats above ground floor commercial unit. Refurbish existing shopfront on Angel Gate and modify existing ground floor service yard to accommodate new residential entrance and refuse storage (Ref:23/P/00401).


    All enquiries in this regard should be made with the local authority, Guildford Borough Council

    Website: www.guildford.gov.uk

    Rent

    £130,024 per annum

    Notes

    Please note the areas provided are approximate. The photos and any drawings are for illustrative purposes only and may not reflect

    the exact boundary of the property. The property has not been internally inspected by Savills. Prospective purchasers must rely upon their own enquiries in this regard. Please refer to the legal pack.


     Additional charges and fees might be charged by the seller and/or other third parties. You are strongly advised to read the Special Conditions of Sale for the Lot prior to bidding to check for any additional charges and fees.

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        No set viewings will be available on this property prior to auction due to the tenants in situ. Please refer to the legal pack for further information.

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        GOAD -

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        Proposed Ground and First Floor Plan -

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        Proposed Second Floor Plan -

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        Local information

        The affluent cathedral and commuter town of Guildford is the county town of Surrey and a major commercial centre.

        Guildford is located on the A3, some 30 miles south-west of Central London.

        The property is located on the east side of Swan Lane, close to it's junction with North Street, in an established retail position.

        Nearby occupiers include Boots & Pret A Manger (both adjacent), Harris & Hoole, Marks & Spencer and Lakeland amongst many others.

        Transport

        Road - The town benefits from excellent communications, with the A3 providing a direct link to Junction 10 of the M25 Motorway 8 miles to the north-east.

        Rail - Guildford Rail Station provides regular rail services to London Waterloo.

        Legal documents

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        EPC rating

        If no EPC rating appears please refer to the legal pack.

        Guide prices and common auction conditions

        •Guide prices given are indications within 10% upwards or downwards of where the reserve price may be set at the time of going to print. Please note they are not an indication of the anticipated sale price or a valuation.

        •The reserve price is the minimum price at which the property can be sold.

        •Both the guide price and reserve price may be subject to change up to and including the day of the auction.

        •For unsold properties after an auction an Available price may be listed. This is the price that the seller(s) are looking for post auction, subject to contract and no higher offers, and has no relation to the guide prices listed prior to the auction sale.

        Please note that all prices listed, whether prior to or post auction, are subject to contract.

        The Auctioneers and sellers accept no responsibility for any loss, cost or damage that a buyer may incur as a result of relying on any guide price. It is the buyer's responsibility to decide how much they should bid for any lot. Please check with us for regular updates as guide prices are subject to change prior to the auction.

        The guide price does not include the buyer's fee charged by the auctioneer or VAT which may apply to the sale or other amounts the seller may charge. The seller's Special Conditions of Sale will state whether there are other seller's charges and whether the seller has elected to charge VAT on the sale price.

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