Sunday 15 December 2024
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25 New Street

£108,000 Enquire

Specification

Status:Under Offer
Location:St Helier
Ref:2981294
 

Description

Fully refurbished ground floor office suite - available Q2 2023

The premises are conveniently located on New Street close to the St Pauls Gate development, thus within the commercial centre of St Helier and a short distance from King Street.

The immediate surrounding area incorporates an established mix of financial and legal orientated entities such as Deutsche Bank, Jersey Water, Vistra and Bedell Cristin to name but a few.

A mix of catering/shopping outlets can be availed of within the immediate vicinity such as Mange Tout, RFresh and De Gruchys Brasserie.

Thie building is in the process of being fully refurbished and the ground floor office suite will be provided to CAT A specification or as a turnkey solution.

The ground floor office has been measured in accordance with the Royal Institution of Chartered Surveyors code of measuring practice and have a Net Internal Area of 4,500 sq ft (indicative).

Terms

The property is being offered, subject to contract, by way of a new nine year effective fully repairing and insuring style lease at a commencing rental of £108,000 per annum (equating to £24.00 per sq ft) exclusive of rates, service/management charge and GST. The lease will be subject to triennial upward only reviews.

Legal Costs

Each party will bear their own legal costs associated with the transaction whether or not it completes.

Conditions

Subject to the obtaining of references, guarantees and any official permission as may be required in the usual fashion.

  • c. 4,500 sq ft
  • Refurbished ground floor office suite
  • Excellent location
  • Cat A specification
  • Turnkey opportunity
  • 24 psf
  • Available Q4 2023

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