Merrow
Units 1L Merrow Business Centre, Merrow, GU4 7WA
For Sale
- Office, Investment
- 1,439 Sq Ft
- 325,000
- Business Rates: £16,234 per annum
Key Features
- Freehold commercial investment within a busy edge of town business park
- Currently receiving an income of £32,500pa (exclusive of VAT).
- Available for a variety of uses including office, storage or light industrial
- Flexible commercial space under class "E"
- Set over two floors with DDA compliant WC
- 3-phase power
Property 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.
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.
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 £325,000 plus VAT, if applicable.
A purchase at this level would show an attractive yield of 8.33% net of purchasers costs.
A purchase at this level would show an attractive yield of 8.33% net of purchasers costs.
Accommodation
| Name/Floor | Sq Ft | Sq M | Availability |
|---|---|---|---|
| Ground | 729 | 67.73 | Available |
| 1st | 710 | 65.96 | Available |
| Total | 1,439 | 133.69 |
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.
Downloads
Additional Information
| Property Type | Office, Investment |
| Tenure | For Sale |
| Size | 1,439 Sq Ft |
| Business Rates | £16,234 per annum |
| Price | Offers in the region of £325,000 plus VAT, if applicable. |
| Energy Performance Rating | This property has been graded as B (39) |
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