Location
Coast View is situated on Victoria Avenue, at its junction with Paris Lane, at First Tower. The property is conveniently located within easy access to the beach and cycle track, just a short walk to work and all other St Helier amenities.
Car parking is provided close by within the lay-by’s on Victoria Avenue and within Les Jardins du Soleil public car park (to the north).
Description
This substantial period property offers 6 self-contained bedsits within the registered lodging house and with a separate 2 bedroom (A-H) flat with a large conservatory lounge at first floor level with partial sea views.
The property has been well maintained and the current owner has recently redecorated the property externally including the roof.
The property also benefits from 1 small car parking space and a basement providing a laundry facility. The property has full fire and lodging house certificates, bringing in a Gross total rent of circa £77,400 per annum.
Accommodation
Ground floor:
Unit 1 – Bedsit with separate bathroom on the landing.
Unit 2 - Self-contained bedsit.
Flat – Kitchen/utility, two bedrooms, shower room and with a conservatory lounge with partial sea views on the first floor.
First floor:
Unit 3 - Self-contained bedsit.
Unit 4 - Self-contained bedsit with sea views.
Second floor:
Unit 5 - Self-contained bedsit.
Unit 6 - 1 bed unit with sea views.
Basement:
2 storage rooms and laundry facilities.
Rental
The current gross rental income totals £77,400 per annum.
Asking Price
The opportunity exists to acquire this property for a consideration of £800,000 exclusive of GST as applicable.
Legal costs
Each party to bear their own legal costs and any other cost incurred in the purchase of this property.
Viewing
Strictly by appointment with the Vendor’s sole agent.
Nick Trower MRICS
Director – Commercial
T. +44 (0)1534 874141
M. +44 (0)7797751558
nick@broadlandsjersey.com
www.broadlandscommercial.com
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