£575,000
Commercial
Share Property
Summary
Commercial
Type
-
Tenure
-
Approx Size m2/ft2
Prime retail unit for sale
An unique opportunity
Excellent location
Ground floor - 536 sqft
Location
9 King Street occupies a prime position on St Helier’s premier pedestrianised retail thoroughfare and very close to the entrance into the Royal Square. King Street is the island’s main shopping destination, home to a mix of high street brands and local retailers. The property is situated in a high footfall area, benefiting from strong visibility and constant passing trade throughout the day. Nearby occupiers include Sports Direct, Flannels, Hettich, New Look, Shoezone, Pandora, Accessorize and HSBC.
The location also offers convenient access to public car parking at Sand Street, Snow Hill and Minden Place which are all within easy walking distance
Description
The shop is 100% prime and fronting onto King Street, close to the Royal Square and the 3-storey period property is Grade 4 Listed (HE0296). The retail unit comprises a timber framed shopfront and internally benefits from a good specification including solid floors, suspended ceiling, air conditioning and display spotlighting.
The upper floors provide ancillary /storage rooms, staff rooms, kitchen and WC.
Accommodation
The Property has been measured in accordance with the RICS Code of Measuring Practice and provides the following net internal floor areas:
Ground floor 536 sq.ft (49.79 sq.m)
First floor 376 sq.ft (34.93 sq.m)
Second floor 419 sq.ft (38.92 sq.m)
Tenure
Freehold
Asking Price
The opportunity exists to acquire the freehold interest of the property for a consideration over £575,000 exclusive of GST as applicable.
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
Evie Wills
Commercial
T. +44 (0)1534 874141
M. +44 (0)7780 512345
evie@broadlandsjersey.com
www.broadlandsjersey.com
Map
Mortgage Calculator
£
35 yrs
60% 2 year tracker - 4.70%
With a 40% deposit of £230,000 on a property valued at £575,000 your monthly payments would be£1,675.73
Stamp Duty
Calculated on the property value of £575,000 the total stamp duty would be £10,250 or £2,250 for first time buyers
Subject to £80 registration fee and £20 Jurat's fee where applicable.
Subject to £80 registration fee and £20 Jurat's fee where applicable.
