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38 High St 883 sq ft Retail Unit Offered at £875,000 in Haslemere GU27 2HJ
Investment Highlights
- Haslemere is a highly affluent London commuter town in the heart of Surrey
- Mixed use building
- Situated on the eastern side of High Street, within the town’s 100% prime retail pitch
Executive Summary
Haslemere is a highly affluent London commuter town in the county of Surrey, close to the borders of Hampshire and West Sussex. It is ranked in The Standard’s Top 40 Commuter Hotspots for Families in 2025, due to its strong transport links to London and scenic landscape. The town is located approximately 12 miles (19 km) south east of Guildford, 32 miles (52 km) north east of Southampton, and 44 miles (71 km) south west of London.
Property Facts
| Total Property Size | 50,141 sq ft | Typical Floor Size | 18,295 sq ft |
| Property Type | Retail (Unit) | Year Built | 1911 |
| Property Subtype | Shopfront Retail / Residential | Total Plot Size | 0.42 ac |
| Costar Property Class | B | Parking Allocation | 0.24/1,000 sq ft |
| Floors | 2 |
| Total Property Size | 50,141 sq ft |
| Property Type | Retail (Unit) |
| Property Subtype | Shopfront Retail / Residential |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 18,295 sq ft |
| Year Built | 1911 |
| Total Plot Size | 0.42 ac |
| Parking Allocation | 0.24/1,000 sq ft |
Amenities
- Bus Route
- Freeway Visibility
- Security System
- Wheelchair Accessible
- Air Conditioning
1 Unit Available
Unit 36
| Unit Size | 883 sq ft | Sale Type | Owner Occupier |
| Price | £875,000 | Tenure | Freehold |
| Price Per sq ft | £990.94 | Net Initial Yield | 7.25% |
| Unit Use | Retail | NOI | £63,437.50 |
| Unit Size | 883 sq ft |
| Price | £875,000 |
| Price Per sq ft | £990.94 |
| Unit Use | Retail |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Net Initial Yield | 7.25% |
| NOI | £63,437.50 |
Description
The subject property comprises a three-storey mid-terrace property of traditional red brick construction. The ground floor comprises well configured retail accommodation, which is well suited to the tenant in situ.
The upper parts comprise a newly refurbished two-bed duplex flat, which has been let on an assured short-term tenancy (AST). The flat is accessed via a designated entrance in the rear car park.
Sale Notes
This property presents a prime owner-user opportunity, comprising a ground-floor retail unit of approximately 883 SF, currently well-suited to the tenant in situ. Above, the upper parts feature a newly refurbished two-bedroom duplex apartment extending to 1,131 SF, offering modern, high-quality living space.
Seeking offers in excess of £875,000, subject to contract and exclusive of VAT. A purchase at this price reflects a Net Initial Yield of 7.25% on the commercial income and a low capital value of £400 /SF on the newly refurbished residential element, assuming standard purchaser costs of 6.43%.
Nearby Major Retailers
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38 High St
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