Asking Price
Quality Niche Investment
7 & 7A Beresford Street
St Helier Property BreakdownDescription
The property is located centrally within Jersey’s Central Business District, in a strong retail location.
More specifically, the premises are situated on the corner of Beresford Street and Cattle Street, giving prominent access to busy pedestrian traffic flow. The immediate area provides for a wide mix of uses including significant retail offerings, restaurant, bars and cafes, Central Market, Fish Market and Minden Street multi-storey public car park.
The property is a purpose built four storey building consisting of a ground floor retail unit, first floor offices and a one bed residential unit over the second and third floors with a private balcony.
Dimensions
The approximate internal areas are as follows:
- Ground Floor - 366sq.ft.
- First Floor - 346sq.ft.
- Total: 712 sq.ft.
Second and Third Floor Flat with Lobby and WC, Kitchen, Living Room, Double Bedroom (Ensuite) and a Perimeter Balcony.
Tenure
The ground and first floor premises are currently let on a new 9 year internal repairing lease from 1st September 2024 expiring on 31st August 2033. The current passing rental is £22,200pa. Rent reviews are 3 yearly in an upward direction only in line with Jersey Cost of Living capped at a maximum of 12.5% over a 3 year period.
The second and third floor residential apartment is let on a residential lease to expire on 6th January 2026. The current rental is £13,920pa.
Downloads
- 7 & 7a Beresford Street - 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: 01534 883180
Email: asarre@sarreandco.com
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Location
Quality Niche Investment
7 & 7A Beresford Street
St Helier