May 2018 - 123 Worplesdon Road, Guildford, Surrey, GU2 9XA
Owen Shipp completed the freehold sale of 123 Worplesdon Road, Guildford in May 2018. The property was sold to a private investor for a 6% yield.
This freehold was sold subject to a long leasehold of the first floor flat, and with an occupational lease in place of the ground floor shop. The shop lease expires in 2030 and is currently generating £16,000 p.a. with reviews in the 5th and 10th years of the term.