£299,500 Commercial
The Port House Retail, St. Helier

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Summary

Commercial Type
- Tenure
- Approx Size m2/ft2

1,162 sq ft ­ - Retail unit

Brand new retail unit

Prominent corner unit

Excellent mixed-use development

Share Transfer

 

Location
The Property is part of the new Merchant’s Square development which includes the new Premier Inn Hotel, “Thyme” bar and grill with an al fresco dining area and with 149 one and two bedroom residential apartments above. The town centre is a short walk to the south.

Minden Place Car Park is a short walk to the south.

Description
The property fronts on to the new pedestrian walkway which links between the Town Park to Halkett Place near the pedestrian cut through to the Central Library and it is directly opposite the new Premier Inn.

The unit provides a double glazed retail shopfront along its full length allowing for excellent visibility.

Internally the space has been finished to a shell condition ready for owners/tenants fit out.

Accommodation
The Property has been measured in accordance with the RICS Code of Measuring Practice and provides a net internal floor area of 1,162 sq.ft (108 sq.m)

Availability
Immediately on completion of legal formalities.

Asking Price
The opportunity exists to acquire the freehold interest (via share transfer) of the property for a consideration of £299,950 exclusive of GST as applicable.

Legal costs
Each party to bear their own legal costs and any other cost incurred in the sale of this property.

Viewing
Strictly by appointment with the Lessor’s sole agent.

Nick Trower MRICS
Director – Commercial
T. +44 (0)1534 874141
M. +44 (0)7797751558
nick@broadlandsjersey.com
www.broadlandscommercial.com

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35 yrs
80% 2 year tracker - 5.75%
With a 20% deposit of £59,900 on a property valued at £299,500 your monthly payments would be£1,326.19

Stamp Duty

Calculated on the property value of £299,500 the total stamp duty would be £3,993 or £0 for first time buyers
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

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