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Eastgate Court 195-205 High St 34,582 sq ft 100% Let Office Property Guildford GU1 3EH £9,700,000 (£280.49/sq ft) 10.21% Net Initial Yield
Investment Highlights
- Prominent Guildford High Street position, close to prime retail pitch
- Multi-let to 7 tenants with WAULT of 1.71 years to break / 3.38 years to expiry
- Strong retail covenant line-up including Knight Frank, Toni & Guy, and Kutchenhaus
- 34,582 sq ft (NIA) arranged around an attractive central courtyard
- EPC B across all retail and office units
Executive Summary
The asset demonstrates significant asset management potential with opportunities for refurbishment of the unmodernized office floors or conversion to alternative uses, including residential. Current passing rent stands at approximately £998,365 per annum with no rental top ups, producing a highly accretive income profile with a net initial yield of 10.21% and a reversionary yield of 14.45% post-refurbishment. Strategically positioned on the High Street within Guildford town center, the property benefits from premier retail visibility, excellent public transport links, and proximity to key redevelopment schemes, including Guildford Station and North Street regeneration projects.
Property Facts
Amenities
- Controlled Access
- Security System
- Wheelchair Accessible
- Accent Lighting
- Storage Space
- Air Conditioning
- Raised Floor System
Space Availability
- Space
- Size
- Space Use
- Fit-Out
- Available
Lease The premises are available on a new lease from the landlord on terms to be agreed at a rent of £35/ sqft Alternatively the premises are available on a sublease from the existing tenant until December 2028 at a rent of £35/ sq ft or on the basis of an assignment of the current tenant’s lease until February 2029 at the passing rent(£32.50/ Sq ft)
Tenure A new lease is available for a term to be agreed. Rent £26,000 per annum + VAT exclusive
Tenure A new lease is available for a term to be agreed. Rent £26,000 per annum + VAT exclusive
Tenure A new lease is available for a term to be agreed. Rent £26,000 per annum + VAT exclusive
Tenure A new lease is available for a term to be agreed. Rent £26,000 per annum + VAT exclusive
| Space | Size | Space Use | Fit-Out | Available |
| 1st Floor | 6,450 sq ft | Office | Partial Fit-Out | 30 Days |
| 1st Fl-Ste 4 Eastgate Court | 492 sq ft | Office | Partial Fit-Out | 30 Days |
| 1st Fl-Ste 5 Eastgate Court | 1,506 sq ft | Office | Partial Fit-Out | 30 Days |
| 2nd Fl-Ste 4 Eastgate Court | 492 sq ft | Office | Partial Fit-Out | 30 Days |
| 2nd Fl-Ste 6 Eastgate Court | 1,300 sq ft | Office | Partial Fit-Out | 30 Days |
1st Floor
| Size |
| 6,450 sq ft |
| Space Use |
| Office |
| Fit-Out |
| Partial Fit-Out |
| Available |
| 30 Days |
1st Fl-Ste 4 Eastgate Court
| Size |
| 492 sq ft |
| Space Use |
| Office |
| Fit-Out |
| Partial Fit-Out |
| Available |
| 30 Days |
1st Fl-Ste 5 Eastgate Court
| Size |
| 1,506 sq ft |
| Space Use |
| Office |
| Fit-Out |
| Partial Fit-Out |
| Available |
| 30 Days |
2nd Fl-Ste 4 Eastgate Court
| Size |
| 492 sq ft |
| Space Use |
| Office |
| Fit-Out |
| Partial Fit-Out |
| Available |
| 30 Days |
2nd Fl-Ste 6 Eastgate Court
| Size |
| 1,300 sq ft |
| Space Use |
| Office |
| Fit-Out |
| Partial Fit-Out |
| Available |
| 30 Days |
1st Floor
| Size | 6,450 sq ft |
| Space Use | Office |
| Fit-Out | Partial Fit-Out |
| Available | 30 Days |
Lease The premises are available on a new lease from the landlord on terms to be agreed at a rent of £35/ sqft Alternatively the premises are available on a sublease from the existing tenant until December 2028 at a rent of £35/ sq ft or on the basis of an assignment of the current tenant’s lease until February 2029 at the passing rent(£32.50/ Sq ft)
1st Fl-Ste 4 Eastgate Court
| Size | 492 sq ft |
| Space Use | Office |
| Fit-Out | Partial Fit-Out |
| Available | 30 Days |
Tenure A new lease is available for a term to be agreed. Rent £26,000 per annum + VAT exclusive
1st Fl-Ste 5 Eastgate Court
| Size | 1,506 sq ft |
| Space Use | Office |
| Fit-Out | Partial Fit-Out |
| Available | 30 Days |
Tenure A new lease is available for a term to be agreed. Rent £26,000 per annum + VAT exclusive
2nd Fl-Ste 4 Eastgate Court
| Size | 492 sq ft |
| Space Use | Office |
| Fit-Out | Partial Fit-Out |
| Available | 30 Days |
Tenure A new lease is available for a term to be agreed. Rent £26,000 per annum + VAT exclusive
2nd Fl-Ste 6 Eastgate Court
| Size | 1,300 sq ft |
| Space Use | Office |
| Fit-Out | Partial Fit-Out |
| Available | 30 Days |
Tenure A new lease is available for a term to be agreed. Rent £26,000 per annum + VAT exclusive
Presented by
Eastgate Court | 195-205 High St
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