The property is located in a prominent position on La Grande Route des Sablons in Grouville and is on the main thoroughfare linking Gorey with Grouville and St Clement.

The property comprises a purpose built mixed use building of rendered blockwork construction with a duo pitched roof. The ground floor includes two self-contained retail units.

Access to the first floor is via a communal staircase. The first floor comprises 2 x one-bedroom flats.

Also included within the demise is a parking bay directly in front of the retail units with space for 5 vehicles, a pair of garages to the side and a garden (c.119 sq.m.) which, subject to the usual consents, could be redeveloped for residential use.

Dimensions

The approximate internal areas are as follows:

• Retail Unit 1 with a single garage - 604sq.ft.
• Retail Unit 2 - 705sq.ft.
• Flat 1 - 1 bedroom first floor flat
• Flat 2 - 1 bedroom first floor flat with a single garage

Tenure

Retail Unit 1 with the single garage is let to Fabienne Coudrais (Hair FX2) for a term of 9 years from 25th December 2017 to 24th December 2026 at a current passing rent of £23,000 per annum, subject to 3 yearly JRPI rent reviews.

Retail Unit 2 is let to Fernlea Dental Limited for a term of 9 years from 25th December 2023 to 24th December 2032 at a commencing rental of £23,000 per annum, subject to 3 yearly JRPI reviews.

Flat 1 is currently vacant but with an estimated rental value of £15,000 per annum.

Flat 2 is currently let at £17,250 per annum, subject to annual JRPI increases.

The landlord is responsible for building insurance, Foncier Rates and keeping the premises wind and watertight and in good and substantial repair and exterior decoration.

Asking Price

£999,999 - freehold, subject to the existing tenancies.

Legal Costs

Each Party to bear their own legal costs

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.