Unique commercial warehouse in a central town location

Warehouse with garaging – approx. 5,949 sqft

Asking price £300,000

A further opportunity to acquire an adjoining property on Bath Street

The property may be suitable for alternative commercial and/or residential uses, subject to planning

Location
The Property fronts onto Robin Place and Millennium Town Park beyond this.The new Merchant’s Square development which includes both the Premier Inn Hotel and the Randall’s new Nomu restaurant and with 149 new residential apartments above, is within 50m of the property.



It is also located near to the new public realms around the Cyril Le Marquand Court (175 apartments) and Andium’s new major regeneration of the Northern Quarter (195 new homes) along with the Millennium Town Park.



There are public car parking facilities within a short walking distance in Minden Place and Charles Street.

Description
The two storey Property comprises an attractive substantial warehouse building of granite construction with slate roofs on each side of a first floor glazed lightwell The building is Grade 3 listed (HE1357). It also benefits from a full height roller shutter garage doors from Robin Place. Currently the building is being used as a carpentry workshop and stores and with 50% being unoccupied.



We anticipate that the property may be suitable for alternative commercial and/or residential uses, subject to receipt of the requisite planning and building bye-law consents.

Accommodation
The Property has been measured in accordance with the RICS Code of Measuring Practice and provides the following net internal floor areas;



Areas by C & F Carpentry & Joinery

Ground floor 1,644 sqft 152 sqm

First floor 906 sqft 84.17 sqm

Office 200 sqft 18.5 sqm



Vacant areas

Lower Ground floor 1,324 sqft 122.98 sqm

Mezzanine floor 1,364 sqft 126.73 sqm

Loft 511 sqft 47.44 sqm

Tenure
The Property has the benefit a rolling arrangement between the landlord and with the C & F Carpentry & Joinery Limited who are paying £13,520 pa.

Asking price
The opportunity exists to acquire the freehold interest of the property, subject to the above noted lease arrangement, for a consideration of over £300,000 exclusive of GST as applicable.



There is also the opportunity to acquire an interlinked property, The Daily Globe Wine Bar on Bath Street, at an asking price of £575,000.

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 Vendor’s sole agent.



Nick Trower MRICS

Director – Commercial

T. +44 (0)1534 874141

M. +44 (0)7797751558

nick@broadlandsjersey.com

www.broadlandscommercial.com



Guy Gothard FRICS

Director – Commercial

T. +44 (0)1534 874141

M. +44 (0)7797737127

guy@broadlandsjersey.com

www.broadlandscommercial.com