Location

The Property is located on Bank Lane in the north eastern part of Guernsey in the Parish of Vale and is approximately 4.5km from the centre of St Peter Port via the main east coast road. It is adjacent to St Sampson's Habour, the island's commercial maritime hub and The Bridge which has a vibrant mix of retail and F&B offerings, and is considered to be Guernsey's second retail centre. It is also in close proximity to the Leale's Yard redevelopment site.

Although there is no dedicated parking included with the Property, there is free public on-street parking directly outside and in the immediate vicinity.

Description

Thought to be originally of Victorian construction, but subsequently extended, the Property consists of two, self-contained three-storey, buildings which are interconnected at ground floor level.

The western part of the building comprises the following accommodation:

• Ground floor - former retail banking hall with counter, glazed private office, private office, tea point, back office, strong room and store room. Suspended ceilings to banking hall and mix of LED and recessed halogen lighting, perimeter trunking, three-phase power supply.
• First floor - ladies' WCs, office/staff room with tea point
• Second floor - men's WCs, office, store room

Subject to the usual consents it may be possible to convert the upper floors to residential use.

The eastern part of the building comprises a 3-bedroom maisonette with the following accommodation:

• Ground floor: self-contained lobby and entrance hall
• Half landing: bathroom with white three piece suite and shower over bath
• First floor: large living room, separate kitchen with integrated appliances (oven, hob, fridge / freezer, extractor hood)
• Half landing: store cupboard
• Second floor: three bedrooms (2x doubles & 1x single)
• Mains electricity, water and drainage, central heating, mix of double-glazed uPVC and single-glazed windows
• Views across St Sampson's Harbour and The Bridge
• Requires redecoration / minor refurbishment
• Local Market status

Accommodation

Western part of the building:

Ground floor: Retail / back office - 1,104 sq.ft. / 102.6 sqm

First floor: Back office / WCs - 310 sq.ft. / 28.8 sqm

Second floor & half landing: Back office / WCs - 318 sq.ft / 29.6 sqm.

Eastern part of the building:

Ground floor: Entrance hall - 63 sq.ft. / 5.9 sqm.

First floor: Bathroom, Kitchen & Living Room - 465 sq.ft. / 43.2 sqm.

Second floor & half landing: Three bedrooms - 389 sq.ft. / 36.2 sqm.

Measured in accordance with RICS Code of Measuring Practice.

Tenure

Sale of Freehold with vacant possession.

VAT

VAT is not applicable in Guernsey.

Legal & Professional Fees

Each party to bear their own costs, whether a transaction arises.

Proposal

The property is available to purchase with a quoting price of £625,000.

Viewings

By appointment

Investment opportunity
Excellent location & footfall
Versatile mixed-use building
Rare opportunity to purchase
Former HSBC banking hall and two storeys of back office accommodation - 1,732 sq.ft.
Self-contained three-bed maisonette with views over St Sampson's Harbour (Local Market) - 917 sq.ft.
Potential to redevelop upper storeys (subject to usual consents)



Please call Sarre & Co on 880 880. Please note that all areas and measurements given in these particulars are approximate and rounded. The text, photographs and floor plans are for general guidance only.

Once an offer is accepted and negotiations for the purchase of a property are entered into, the prospective purchasers will be asked to produce photographic identification(passport or driving licence) and proof of residency documentation eg, a current utility bill together with confirmation of source of funds.This is in order for us to comply with the current Money Laundering Legislation.