For Sale
£725,000
Asking Price

Mixed-Use Investment

Bath Street

St Helier Property Breakdown
1,220 sq.ft Total Property Size
£725,000 Asking Price

Description

The premises are located in the Parish of St Helier within close proximity to St Helier’s primary prime retail precincts.

More specifically, the premises are situated on the Western side of Bath Street, within close proximity to the junctions with Belmont Road and Bath Street.

The building provides for an efficient self-contained ground floor retail unit, which is currently owner occupied by William Hill Bookmakers.

Dimensions

The approximate internal areas are as follows:

  • Gross Internal Area of the Commercial Use - 1,220sq.ft.
  • Total: 1,220 sq.ft.

First Floor One Bedroom Apartment

Second Floor One Bedroom Apartment

Amenities

The property benefits from the following amenities:

  1. Suspended ceilings
  2. Integral fluorescent lighting
  3. Comfort cooling and comfort heating
  4. 2 customer WC facilities (one disabled facility) and 1 staff WC facility
  5. Disabled friendly unit with suitable access
  6. Kitchen/staff area

Tenure

The building is currently owned by William Hill who are prepared to dispose of the unit on a freehold basis. William Hill are prepared to enter into a new lease on the ground floor premises, based on internal repairing terms, however the lessee will be responsible for the ground floor shop front externally, rear flat roof above the shop, a fair proportion of building insurance and all parochial rates for the ground floor unit.

The ground floor lease is to be for a duration of 20 years with tenant only break clauses on the expiry of the 10th and 15th years.

Rent reviews are to be 3 yearly in line with Jersey Cost of Living, however capped at a maximum increase over a 3 year period of 10%.

The commencing rental of the retail shall be £20,000 per annum.

The two apartments are vacant.

Downloads

Key Contacts

If you wish to get in touch with us about this property you can contact our helpful team using the details found below.

Alistair Sarre
Director
Telephone: 01534 883180
Email: asarre@sarreandco.com

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    Location

    Mixed-Use Investment
    Bath Street
    St Helier