£2,750,000 Commercial
Ordnance House Offices, St. Helier

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Summary

Commercial Type
- Tenure
- Approx Size m2/ft2

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

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Map

Mortgage Calculator

£
35 yrs
80% 2 year tracker - 5.59%
With a 20% deposit of £550,000 on a property valued at £2,750,000 your monthly payments would be£11,944.39

Stamp Duty

Calculated on the property value of £2,750,000 the total stamp duty would be £130,750
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

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