Summary - 24 1H-1K Merrow Business Park, Guildford, GU4 7WA GU4 7WA
1 bed 1 bath Light Industrial
Freehold interest in two adjoining commercial units, combined 3,682 sq ft
Currently let: combined income £57,900 per annum
Short leases: 01/01/2025–31/12/2028 with break on 01/01/2027
Rates payable total c. £33,810 per annum (material running cost)
On-site dedicated parking directly in front of the units
Removable internal partitions allow quick reconfiguration
No private garden; plot very small and commercial setting only
Close to A3, local supermarkets, bus links and town amenities
Two adjoining freehold light industrial/office units in Merrow Business Park, offered with an income stream and immediate occupation. The buildings total approximately 3,682 sq ft over ground and first floors and are brick-and-slate construction with standard ceiling heights and courtyard-facing windows. Internally the tenant has installed removable partitions, so the layout can be cleared for an incoming occupier or reconfigured to suit a new use.
The asset is attractive for investors seeking a hands-off, let commercial holding or an owner-occupier able to take vacant possession when leases end. Current combined income is £57,900 per annum. Both units are let on three-year leases from 1 January 2025 to 31 December 2028, with a tenant break option on 1 January 2027 — this materially short lease profile and break clause affect near-term income security.
Practical strengths include freehold title, dedicated on-site parking to the front, strong local demand within an established business park, close road links to the A3, and nearby supermarkets and public transport. Rates payable across both units total approximately £33,810 per annum — a significant running cost that will affect net yield and occupier affordability. There is no private garden or external amenity; the plot is small and the setting is purely commercial.
Overall the property offers a compact, adaptable light-industrial/office investment with immediate rental income and short-term reconfiguration potential. It will suit investors comfortable with a short lease profile and rates liability, or occupiers planning modest refurbishment to tailor open-plan floors to operational needs.
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