LOCATION

The property is situated at Rue des Prés Trading Estate, the Island’s leading industrial and warehousing estate, located to the east of St Helier in the Parish of St Saviour.

The property occupies a prominent position close to the main entrance to the Estate and benefits from direct access via two entrances off L’Avenue le Bas.

A site plan and location plan are enclosed for reference.

DESCRIPTION

The property comprises two substantial bays of purpose-built, light industrial and warehouse accommodation, incorporating ancillary office space. The buildings are of steel-frame and blockwork construction, with external elevations comprising a combination of glazing and corrugated metal sheeting, beneath pitched corrugated metal sheet roofs incorporating various solar panel installations.

The buildings underwent comprehensive refurbishment in 2017.

Bay 3

The accommodation is currently configured predominantly as open-plan light industrial space with ancillary offices. The property is occupied and operated by the current tenant as a vehicle repair centre and benefits from the following amenities:

• 3 phase power supply

• Concrete floor (high floor loading capacity)

• Roller shutter access door

• Good eaves height

• Column free space

• Male and female WC facilities

• Offices to front

Bay 4

The accommodation is currently configured predominantly as storage, training rooms and offices at ground and mezzanine floor level. The property is occupied by a facilities management company and benefits from the following amenities:

• 3 phase power supply

• Concrete ground floor (high floor loading capacity)

• 2 roller shutter access doors

• Part A/C part Electric heating

• Carpet/vinyl floor coverings

• Several private offices and boardrooms

• Customer and staff facilities

• Ground floor reception areas

• Generally in good condition

ACCOMMODATION

The approximate Gross Internal Areas of each bay are as follows:

Entity	Bay 3 (SQ.FT.)	Bay 4 (SQ.FT.)
Ground Floor	9,298	9,074
First Floor	2,434	8,711
Total	11,732	17,785

Total Gross Internal Area = 29,517 sq.ft.

We attach a detailed breakdown of each bay and use.

PARKING

Currently the site benefits from 50+ car spaces along with ample access and circulation space.

USE

Being on Jersey’s premier industrial estate, the premises are suitable for virtually any form of light industrial use, subject to planning. Currently however, the premises are being used for vehicular servicing, offices and storage.

TENURE

The premises are available for sale Freehold.

The current leases expire in July 2027, and the Property is potentially available with vacant possession thereafter.

The passing rental in total under the two current fully repairing and insuring leases is £283,200 per annum, which is deemed to be conservative in today’s market.

ASKING PRICE

POA

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.