Tempus Court was built in on a prominent town centre site. It totals 25,600 sf with42 covered car-parking spaces. The building is let on 15 and 20 year leases to three tenants: mortgage brokers John Charcol, solicitors Laytons and stockbrokers Punter Southall, at a current total passing rent of £646,000 ($910,000) per annum.

Healey & Baker acted for Liverpool Victoria and Strutt & Parker for Scottish Provident. Ed Cornwell of Healey & Baker said Guildford has strong growth prospects: 'It has all the factors that an expanding centre needs, with a strong labour pool, good communications and rents that are still well below other centres in the south east/Thames Valley generally,' he said.

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.