STANDARD HOUSE. for sale. High Quality Office Investment. 14,132 sq ft / 1,313 sq m GODALMING SURREY GU7 1XE

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1 STANDARD HOUSE GODALMING SURREY GU7 1XE High Quality Office Investment 14,132 sq ft / 1,313 sq m for sale

2 High Quality Office Investment > Multi let offce building occupying a prominent position on Cattershall Lane approximately 0.75 miles from the town centre and 1.1miles to Godalming mainline train station > Godalming is strategically positioned 5 miles south of Guildford, 38 miles south east of Central London and is situated within 24 miles of Heathrow Airport. The is adjacent and the M25 (J10) is only 13 miles away > Standard House comprises 14,132 sq ft (1,313 sqm) NIA arranged over ground and first floor > Multi let to 3 tenants Brairs Group Ltd, Robinson Buckley Insurance Brokers Ltd and Jelf Group Ltd > Current passing rent of 250,940 per annum (including rental guarantee on vacant suite), equating to a low rent of per sq ft overall. Prime rents in Godalming currently stand at c. 21 per sq ft, thereby providing good rental growth potential > Freehold > A figure of 3.35m (Three million three hundred and fifty thousand pounds) is sought for the property. A purchase at this price would equate to a net initial yield of 7.05% after allowing for usual purchasers costs of 5.8% and a capital value of 237 per sq ft. Subject to contract and exclusive of VAT

3 Location Godalming is a busy thriving Surrey town situated approximately 5 miles to the south of Guildford. It is a commercial centre in its own right being home to a number of international, national, regional and local organisations such as Parsons Brinckerhoff, Dentons Pension Management and accountants Roff Swayne. In addition the local authority offices of Waverley Borough Council are also located in the town. Communications are excellent with Godalming mainline railway station providing fast mainline services to London Waterloo (45 minutes). Standard House is located on a prominent site at the front of Weyside Park on Catteshall Lane, the established business district of Godalming approximately 0.75 miles from the town centre with all its shops, restaurants and attendant facilities. Communications ROAD Guildford Farnham M3 (J4) M25 (J10) Central London RAIL M3 (J4) M25 (J10) Central London 2 miles 5 miles 8 miles 35 miles 2 miles 35 miles CHALK RD GODALMING BRIDGE RD 100 MEADROW CATTERSHALL RD BLACKBURN WAY CATTESHALL LANE GODALMING 100 TOWN CENTRE HIGH ST BRIGHTON RD DOUGLAS DRIVE LANGHAM PARK CATTERSHALL LANE STANDARD HOUSE 0 M3 2/12 Sutton Camberley M Woking 10 M3 Leatherhead Farnborough 31 A24 A287 GUILDFORD Farnham 1 Puttenham Compton A248 A25 1 Shalford 100 Winchester Godalming A281 Petersfield / Portsmouth A24 A283 A286 Petworth Horsham M25 A25

4 Description Standard House comprises a modern office building which has been refurbished to a high standard and offers well specified office accommodation. The property occupies its own site which includes 69 marked car spaces. Standard House is arranged over ground and first floor set within a landscaped environment. Amenities > Smart entrance with contemporary reception area > Air conditioning > Fully carpeted > Full access raised floors (apart from ground floor left suite). > LG7 lighting > DDA compliant > 69 car spaces > EPC Rating - D (84) > Passenger lift > Flexible floor plates allowing single or multi-occupation TENANCY SCHEDULE TENANT DEMISE AREA (SQFT) TERM RENT ( ) REVIEWS BREAKS Briars Group Ltd Ground floor 7,100 13/7/2007 to 142, yearly 13/07/ /07/2022 Robinson Buckley Part First Floor 2,654 14/5/2015 to 43, None 11/05/2018 Insurance Brokers Ltd 10/05/2020 rising to 47,750 on 11/5/2018 Jelf Group Ltd Part First Floor 2,698 9/8/2012 to 39, yearly 09/08/ /08/2022 Vacant Part First Floor 1,680 Currently Vacant 25,200 rental - - guarantee offered for 12 months Total 14, ,940

5 EPC The property has a EPC rating of D (84) VAT We understand the property can be treated as a Transfer of Going Concern for VAT purposes. PROPOSAL A figure of 3.35m (Three million three hundred and fifty thousand pounds) is sought for the property. A purchase at this price would equate to a net initial yield of 7.05% after allowing for usual purchasers costs of 5.8% and a capital value of 237 per sq ft. SUBJECT TO CONTRACT AND EXCLUSIVE OF VAT. Peter Da Silva pds@wadhamandisherwood.co.uk Nick Reeve nick@wandi.co.uk Particulars are submitted for guidance only and do not form part of any contract. Applicants must rely upon their own enquiries upon all matters relating to properties they intend to acquire. All floor areas quoted are approximate. All terms are exclusive of Value Added Tax. Designed and produced by The Looking Glass Design October 2015.