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Landmark asset with development potential

Guildford, United KingdomUnlock address

80%

£15.000.000

Development

#16125

Value-Add

24 Feb 2024

Property Details

Broker

For sale

159,337 sq.ft.

14,803 m²

Gross area

94 £/sq.ft.

1,013 £/m²

Freehold

X

Fees

0.00 %

0.40 %

0.00 %

0.40 %

Investment Overview

Located in the prosperous commuter town of Guildford, which is attracting significant inward investment, being one of the South East's premier business destinations. Vacant possession is achievable in the short term. 3.9 acre site adjacent to the A3 providing exceptional redevelopment and alternative use potential including Residential, Student Housing, Industrial and Retail Warehousing. Site comprises an office building totalling 122,515 sq ft NIA (159,337 sq ft GIA) on a prominent site fronting the A25, a short distance to the north of the town centre. 454 car parking spaces providing an attractive ratio of 1:230 sq ft on the office area. The property is held freehold. Substantial regeneration schemes are underway which will ensure Guildford remains one of the best places in the UK to live, work and play. The unique ecosystem of Guildford both attracts and encourages highly skilled industries in the region including aerospace, gaming and life sciences.