Wallbrook Cottage – Retail

The property provides a very prominent retail property over 2 storeys. The property is a Grade 4 listed building (PE0176) and benefits from the moulded stucco design with double Dutch roof gables and a decorative shop frontage with great visibility from the surrounding areas.

Internally, the salon has been re-fitted by the well-known tenant to a good standard incorporating the usual shop fittings together with a variety of display areas and fitting rooms. The unit also has a kitchen / staff area, stores and w.c. on the 1st floor.

There is a large sign on the façade of the property which is let separately to the retail tenant.

ACCOMMODATION
The Net Internal Area of the areas are approximate as follows:
Ground floor Retail 820 sqft
(76sqm)
1st floor Office, stockroom, kitchen 403 sqft (37sqm)

TENURE
A three year lease with Anna Trigg Haute Couturiere Limited and with a rent of £19,752 pa, subject to annual JRPI increases. The lease was again extended in 2021 and it continues until Nov 2024.

The landlord also benefits an income from the illuminated advertising hoarding at the Beaumont roundabout and with previous advertising companies included Gordon's Gin, Sure Mobile. Signage currently with Thompson's Estates and under an arrangement until May this year at a rental of £12,000 pa.

ASKING PRICE
The opportunity exists to acquire the freehold of Wallbrook Cottage, subject to the above noted lease arrangements, for a consideration of £565,000 exclusive of GST as applicable.

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 Lessor’s sole agent.
Nick Trower MRICS
Director – Commercial
T. +44 (0)1534 880770
M. +44 (0)7797751558
nick@broadlandsjersey.com
www.broadlandsjersey.com

DISCLAIMER
Broadlands Estates Limited for themselves and for the vendor(s) or lessor(s) of this property whose agents they are, give notice that: 1. These particulars do not constitute, nor constitute any part of, an offer or contract. 2. None of the statements contained in these contained in these particulars as to the property are to be relied on as statements or representations of fact. 3. Any intending purchaser or lessee must satisfy themselves by inspection or otherwise as to the correctness of each of the statements contained in these particulars. 4. The vendor(s) or lessor(s) do not make or give and neither Broadlands Estates Limited nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property. Unless otherwise stated all prices and rents are quoted exclusive of GST. These details are believed to be correct at the time of compilation but may be subject to subsequent amendment.