June 2018 - 117 High Street, Godalming, Surrey, GU7 1AQ
Owen Shipp completed the freehold sale of 117 High Street in June. It is an attractive and prominent shop in a prime trading pitch on the High Street, opposite to the historic Pepperpot. This income producing investment property sold subject to both a long leasehold of the first floor flat and an occupational lease of the ground floor shop. The property sold at a gross initial yield of 5.8% but with prospects for rental growth on an outstanding review.