£8,000,000
(£161.56/sq. ft)
Industrial for sale2 Astolat Way, Guildford GU3
49,517 sq. ft
About this property
Of interest to occupiers, investors and developers
Opportunity to acquire a well-located, prominent HQ industrial and office site in Guildford
Existing property comprises 28,100 sq ft warehouse, together with a separate self-contained 13,960 sq ft modern office block
2.97-acre site
76 surface level parking spaces
Warehouse EPC: B47
Office EPC: C71
Constructed in 2008
Located in affluent Surrey, a short distance from Guildford Town Centre
Prominent site with excellent links to the A3 & M25
Freehold to be sold with vacant possession available on 6 months notice
We are instructed to seek offers of £8,000,000 subject to contract and exclusive of VAT. A purchase at this level represents a low capital value of £161.50 per sq ft.
Estimated Rates Payable: £310800
The affluent town of Guildford is the principal centre for Surrey and one of the UK’s premier commercial centres outside of the M25. The town is the home of the University of Surrey, one of Guildford’s largest employers, and is located approximately 33 miles south west of London and enjoys excellent road access with dual carriageway access via the A3 to the M25, just an 8 mile drive away. Guildford benefits from direct rail services into London Waterloo with a journey time of approximately 40 minutes. Heathrow and Gatwick Airports are within a 25-minute drive time. Guildford has the largest population within Surrey with a primary catchment population of approximately 507,000.
Situation
The property is easily accessible located just 2.5 miles South of Guildford Town Centre accessed directly off the A3100 (Old Portsmouth Road). The property sits among an established commercial area comprising several well-known brands including Skoda, Harley Davidson, Volkswagen, Shell and Howdens.
The surrounding area comprises a mix of industrial, trade counter, residential and care home uses.
The Site
The 2.97-acre site comprises a modern warehouse to the north with a “C” shaped office building to the south together with ample parking and a landscaped area laid out to lawn, along with 76 parking spaces.
Tenure
The site is to be sold freehold with vacant possession on completion. Part of the warehouse is let on a lease outside the L&T Act 1954, but possession can be obtained. Further details from the agents.
Title Number: SY675913 & SY744535
Office
Attractive modern office and showroom building constructed in 2008. The property which totals 17,795 sq ft comprises ground and two upper floors of accommodation. The 5,900 sq ft floor plates offer light, well configured space which is easily sub-divided to optimise flexibility. The ground floor is laid out as reception, showroom, various meeting rooms, kitchen break out area and toilets. The upper floors are open plan offices with some cellular offices.
The impressive entrance hall behind full height glazing leads to a central core with feature staircase and passenger lift. To the rear of the office there is substantial external break out space.
Four pipe fan coil air conditioning
LED and fluorescent Lighting
Full access raised floors
Metal tile suspended ceiling
Large reception and feature staircase
Shower and changing facilities, meeting rooms, internal and external break out space
Warehouse
Comprises a warehouse totalling approximately 31,722 sq ft. The property was constructed in 2008, benefitting from a steel portal frame construction, concrete flooring and composite aluminium clad elevations.
The warehouse benefits from the following specification:
Secure, self-contained warehouse
3 dock loading bays and dedicated loading bay with external WC
Two roller shutter doors to the rear under a covered area for smaller vans, internal height of 5.1m .
Internal eaves height of approximately 9 metres rising to 10.6m
LED lighting
Trend bms controlled warehouse heating system
Internal offices and WCs
Three phase power supply and solar panels
Link Bridge connecting the office and warehouse space.
Sprinkler system internally
Power
Maximum current draw:
Office: 400A
Warehouse: 300A
Further information available on request.
EPC
Office building has a rating of C71 valid until 24th May 2031
Warehouse has a rating of B47 valid until 23rd May 2031
Proposal
We are instructed to seek offers of £8,000,000 subject to contract and exclusive of VAT. A purchase at this level reflects a capital value of £161.50 per sq ft.
Anti Money Laundering
To comply with Anti Money Laundering regulations, Curchod & Co undertake id checks for all successful purchasers and tenants where legislation requires us to do so.
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