Description

The whole building is located on the Northern side of St Helier’s Central Business District.

More specifically, the property is situated on Hilary Street, midway between the junctions with Peter Street and Hilgrove Street.

The premises are but a 3/4 minute walk from St Helier’s prime pedestrianised retailing precincts of King Street and Queen Street.

The property is a purpose built 3 storey office building, providing office accommodation on ground, first and second floors.

Dimensions

The approximate internal areas are as follows:

• Ground Floor - 1,094sq.ft.
• First Floor - 907sq.ft.
• Second Floor - 911sq.ft.
• Total: 2,912 sq.ft.

Amenities

The property benefits from the following amenities:

1. Suspended ceilings
2. Integral fluorescent lighting
3. Comfort cooling/comfort heating
4. Raised floors
5. Carpeted throughout
6. Male and female WC facilities on each floor

Tenure

The building is let to Jersey Recovery Centre Limited on an internal repairing insuring style lease, which commenced on 16th June 2023 and is to expire on 15th June 2032. The lessee has the option to break on the 16th June 2029, subject to the giving of 12 months’ written notice.

Rent reviews are 3 yearly in line with Jersey Cost of Living, capped to a maximum increase over a 3 year period of 12.5%

Whilst the lease is of an internal repairing style nature, the lessee has to meet the costs of both Occupier and Foncier rates, along with building insurance and is to maintain all doors and windows within the premises.

The passing rental is £50,000 per annum.

Downloads

• 19 Hilary Street - For Sale - Download

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: 01534888848
Email: alistair@sarreandcompany.co.uk

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