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M&G set to sell Guildford Debenhams after strong bidding

Bourne Capital understood to be planning mixed-use makeover of 233,704 sq ft department store

The Guildford Debenhams will be vacated by the department store group by year end
The Guildford Debenhams will be vacated by the department store group by year end

Bourne Capital is in talks to buy the freehold interest in the to-be-vacated Debenhams department store in Guildford from M&G Real Estate for around £23m, in a significant transaction for the UK retail and commercial development sectors, CoStar News understands.

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