£155,000 Commercial
34 King Street Retail, St. Helier

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Summary

Commercial Type
n/a Tenure
- Approx Size m2/ft2

A beautiful grade 4 Listed Building, the original construction dates back to the late 19th century and appears to be of traditional granite and brick, comprising ground floor retail and staff area, with storage to the upper floors. Shop frontage approximately 31 feet (9.5m).

Location
The Property occupies a 100% prime position on the northern side of pedestrianised King Street, St Helier, the capital town and main business hub of Jersey.

King Street is St Helier’s primary shopping thoroughfare and is home to several well-known multiple retailers including Accessorize, Jo Malone, Marks & Spencer, Sports Direct, Schuh, JoJo Maman Bébé, JD Sports, Clarks, Superdrug, Boots, Next, Benetton, and Espirit, to name a few.

King Street is also home to a number of department stores, including Voisins, de Gruchy’s and Flannels.

Accommodation
The property provides the following approximate net internal floor areas: -

Ground Retail 1,678 sqft (ITZA 1,261) 155.89 sqm
Ancillary 252 sqft 23.41 sqm
First Store 1,477 sqft 137.21 sqm
Second Store 1,103 sqft 102.47 sqm
Attic Store 130 sqft 12.sqm
Total 4,640 sqft 431 sqm

Opportunity
The property is immediately available by way of a new full repairing (subject to no betterment) for the ground floor only and with upper floors available by separate negotiation, insuring and rate paying lease at a rental of £155,000.00 per annum, subject to three yearly RPI reviews. The current annual Parish Rates liability is £7,350.00

Plans
Please see below indicative plans.

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

Viewing and further information
For further information, please contact Nick Trower MRICS nick@broadlandsjersey.com or Guy Gothard FRICS guy@broadlandsjersey.com

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