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Godalming industrial rent review achieves 13.33% uplift

Curchod & Co, acting on behalf of a private landlord of an industrial/warehouse unit at 1 Douglas Drive, Godalming, has agreed a revised rent of £85,000 per annum following a rent review, representing an increase of 13.33% from the previous passing rent of £75,000.

The rent review, effective from 18th January 2026, relates to 5,772 sq. ft of industrial and warehouse accommodation benefiting from on-site parking and yard space.

Matthew Munday of Curchod & Co, who negotiated the review on behalf of the landlord, said: “This rent review reflects the strength of occupational demand for industrial and warehouse space in Godalming and the wider Surrey and south-west London markets. Supply of good quality space remains tight, and this continued scarcity continues to put upward pressure on rents. The result at Douglas Drive is a clear example of this trend and highlights the importance for landlords to ensure rents remain aligned with current market conditions when reviews fall due”

Curchod & Co advises landlords across the region on rent reviews, lease renewals and wider commercial property matters.

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