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Launderette 35-35A Madrid Rd 559 sq ft Retail Property Guildford GU2 7NU £415,000 (£742.40/sq ft)
Investment Highlights
- Ground floor laundrette with rear office and storage
- Walking distance to University of Surrey and University of Law
- Located in residential area near Guildford Town Centre
Executive Summary
Freehold retail and residential investment for sale on Madrid Road, Guildford. Property includes a ground floor retail unit leased to a laundrette until 2034 with current rent of £16,800 per annum (linked to RPI), and a vacant two-bedroom flat above with estimated rental value of £1,500–£1,600 per month. Positioned close to Guildford town center, mainline station, and A3 access.
Property Facts
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Property Subtype
Shopfront Retail / Residential
Property Size
559 sq ft
Costar Property Class
C
Year Built
1990
Price
£415,000
Price per sq ft
£742.40
Tenancy
Single
Number of Floors
1
Plot ratio
0.29
Total Plot Size
0.04 ac
Parking
5 Spaces (8.94 Spaces per 1,000 sq ft Leased)
Frontage
16 ft on Madrid Road
Amenities
- Storage Space
1 1
Nearby Major Retailers
1 of 4
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Launderette | 35-35A Madrid Rd
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