0 Bed Commercial Property For Sale

Description
Unit 1L is a two-storey mid terrace building with accommodation split evenly over ground and first floors.

Set across two floors with a central core accommodating the staircase and WC facilities, the premises are presented in good condition throughout. The tenant currently uses the ground floor for equipment storage and testing, while the first floor serves as office space, incorporating some partitioned areas. A Juliette balcony, typical of the estate, has been installed on the first floor.

Please note, this property could also be bought together with Unit 1C.

Location
Merrow Business Centre is a prominent and well-established business park located on Merrow Lane, approximately 1 mile south of the A3, which provides a direct link to Junction 10 of the M25. Guildford Town centre is located to the southwest, with Guildford railway station providing a direct service to London Waterloo.

Amenities are provided by Aldi and Sainsburys, each within 15 mins walking distance.

Term
Lease to Zwift for a 3 year term from 1st December 2024 - 30 November 2027

Rent
Rent payable under the lease - £32,500 per annum

Break Option
Tenant break December 2026 (subject to 6 months notice)

Freehold price
Offers in the region of £375,000 plus VAT, if applicable.

A purchase at this level would show an attractive yield of 8.33% net of purchasers costs.