Sole Agent
Location
The Property is situated in a convenient location, a short walking distance from Jersey’s prime business district and within a few minutes’ walk from King Street. The Property is a short distance to the north of the Pier Road multi-story long / short stay car park and also with the many amenities around Weighbridge Place/Liberation Square.
Description
The property is arranged over a total of 7 floors totalling approx 12,818 sq ft with 12 car parking spaces and the offices benefit from the following internal specification:-
- A mix of suspended and solid ceilings with integral lighting;
- Double glazing;
- Air conditioning;
- Lift access to all floors;
- Carpeted throughout;
- WC facilities;
- Kitchens/tea points on all floors;
- Shower and changing facilities on the ground floor;
- Stores and comms room.
The property is occupied by a single tenant who also occupies Piermont House to the south and 27 Pier Road to the north. A number of openings have been made between the buildings.
Accommodation
The Property provides a net internal floor area of 12,818 sq ft (1,190 sqm) (detailed within the lease).
It also benefits from 12 garage car parking spaces.
Lower basement floor – 12 car parking spaces, shower rooms and store rooms
Upper basement floor – open plan office, archive, wc’s, kitchen and boardroom
Lower ground floor - open plan office, separate offices, kitchen and wc’s
Ground floor – reception, open plan office, boardroom, separate offices, wc’s and boardroom
Upper ground floor – open plan office, separate offices and wc’s
Second floor – open plan office, separate offices and wc’s
Third floor – open plan office, separate offices and wc’s
Floor Plans
Plans of all the floors can be provided on request.
Tenancy
The property is occupied by a financial services company on a lease ending 23rd June 2027.
More information can be provided if required.
Tenure
Freehold
Asking Price
The opportunity exists to acquire the freehold interest of the property, subject to the above mentioned lease, for a consideration of £2,750,000 exclusive of GST as applicable. A sale at this level produces an ARY of circa 14%.
Legal costs
Each party to bear their own legal costs and any other cost incurred in the sale 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
Buying or leasing commercial property can be a complicated process, but that’s where Broadlands come in. Well established, and with many years experience, our friendly and knowledgeable team are more than ready to help you find the right commercial property for you
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