Sole Agent
Location
The property is centrally situated in St. Helier, just a short distance from King Street and Queen Street, Jersey’s prime retail thoroughfares, as well as the Esplanade, the island’s premier office district.
It occupies a prominent position on Bond Street, directly opposite the Town Church, offering a pleasant and peaceful outlook.
Notable occupiers in the surrounding area include Lloyds Bank, NatWest, Barclays, Close Finance, PKF/BBA Accountants and the Government of Jersey.
Description
8 Bond Street is a mid-terraced property arranged over basement, ground, and three upper floors. Originally built between 1800 and 1810, the building retains much of its historic charm while benefiting from 20th-century refurbished interiors. It is Grade 4 listed (HE0054) and features its original front doors and railings.
The ground floor is currently let as an office, and includes 2 open plan office areas, a meeting room, comms room, kitchen and WC’s. It has been finished to a high standard throughout.
The first floor has been operated as a private members’ club under a 5th class category licence, totalling approximately 1,212 sq ft.
On the second floor, there is a generously proportioned two-bedroom apartment comprising a large sitting room, separate kitchen/diner, bathroom, and two double bedrooms.
Additional storage is provided in both the basement and loft areas. There are opportunities to convert these spaces, subject to planning consent.
Accommodation
The building has been measured in accordance with the RICS Code of Measuring Practice and provides a total net internal floor area of 3,799 sq.ft ( 352.97 sq.m).
Basement 714 sqft 66.31 sqm
Ground floor 848 sqft 78.80 sqm
1st floor 1,212 sqft 112.58 sqm
2nd floor flat 632 sqft 58.69sqm
Loft 394 sqft 36.59sqm
Tenure
Ground Floor Commercial: the ground floor is occupied with a passing rent of £18,000 per annum on an internal repairing lease agreement. Occupation is currently under a monthly holding-over arrangement.
First Floor Commercial: On completion of the sale, this floor will be vacant.
Second Floor Residential: The two-bedroom flat is currently leased out for £20,400 per annum on an internal repairing insuring style lease. Occupation is currently under a monthly holding-over arrangement.
Availability
The Property is available immediately, subject to completion of the legalities.
Asking Price
The opportunity exists to acquire the freehold interest of the property for a consideration of £850,000 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 Lessor’s sole agent.
Nick Trower MRICS
Director – Commercial
T. +44 (0)1534 874141
M. +44 (0)7797 751558
nick@broadlandsjersey.com
www.broadlandscommercial.com
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