Prudential Property Investment Managers has bought 59 High Street, Guildford, from ING Real Estate Investment for£4.6 million, reflecting a net initial yield of 4.25 per cent.

The property provides 3,695 sq ft (345 sq m) of retail and ancillary space over ground, first and second floors and is let to Clinton Cards until 2016 at £205,000 a year or £200 zone A. PruPIM was advised by Donaldsons.