Thames River Capital, on behalf of a private client, has put Beaufort House in Guilford, Surrey, up for sale as a development opportunity.
Planning permission has been secured to refurbish and extend the office block on Chertsey Street to 29,500 sq ft, from the current 22,500 sq ft.
George Gay, fund manager at Thames River Capital, said: “Beaufort House offers a rare opportunity to deliver a grade A office building in Central Guildford. The town is a constrained market in terms of supply and has always been considered one of the best-performing centres in the M25 office market.”
Offers in excess of £3.5m are being sought for the property, which has a short-term income expiring in December.
Crossland Otter Hunt has been instructed to sell the asset.
joanna.bourke@estatesgazette.com