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Don Street

£2,150,000
R645
St. Helier
KEY FEATURES
  • Great retail investment in prime location
  • Georgian 3 storey building
  • Internal repairing and insuring lease until 2034 at £126,600 per annum
  • Well established tenant
  • 2 bedroom non-qualified apartment
  • Over 6% return
  • Freehold
  • Call Doug on 07700702585.
Three storey mid terraced Georgian type commercial building in prime spot with established and successful tenant. Prime freehold investment property. The property was totally refurbished to a high specification in 2013 including the new fixtures / fittings, lighting and air conditioning equipment. Presently leased to an established tenant until 2034, with an internal repairing and insuring lease at a rental of £126,000 pa.

Ground Floor
1235 SQ FT

Bar and seating area, dinning area with commercial kitchen.

First Floor
1235 SQ FT

Customer toilets (male and female), a bar, private dining room and enclosed rear terrace.

Flat
605 SQ FT

2 bedroom apartment one double, one single, kitchen, living room and bathroom. Presently (A-H) or unqualified accommodation if associated with a potential tenants business if so required.

Lease
There is an internal repairing and insuring lease until 2048 at £126,600 pa. There are break options every 6 years with the next one due in 2028. The Vendor will remove the break in 2028 to provide a term certain of 12 years.
Present tenant rents the buildings either side of the property to accommodate the business.

KEY FEATURES
  • Great retail investment in prime location
  • Georgian 3 storey building
  • Internal repairing and insuring lease until 2034 at £126,600 per annum
  • Well established tenant
  • 2 bedroom non-qualified apartment
  • Over 6% return
  • Freehold
  • Call Doug on 07700702585.
Documents Brochure
Viewing
Please contact us on 01534 880 770 if you wish to arrange a viewing appointment for this property, or require further information.
Disclaimer
Broadlands endeavour to maintain accurate depictions of properties in Virtual Tours, Floor Plans and descriptions, however, these are intended only as a guide and purchasers must satisfy themselves by personal inspection.
4147Don Street
Interested? Let’s talk

Nick Trower

Director

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