£795,000 Commercial
2 & 3 Newtown Buildings David Place St. Helier, St. Helier

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Summary

Commercial Type
- Tenure
- Approx Size m2/ft2

Prominent substantial double retail unit and with 2 large apartments

Retail unit – 1,009 sqft (ground floor)

First Floor office and store totalling circa 562 sq.ft

1 × 2 bed flat and 1 × 3 bed flat on the upper floors

Good location

Location
This Property is centrally located in a prominent position with frontage onto David Place. The property is within close proximity to Millennium Park and the new Merchant’s Square development which includes a new Premier Inn.



The surrounding area is mixed use with a number of offices, shops, many medical practices, park, Premiere Inn and the new Randall's Nomu restaurant

Description
The two interlinked period buildings provide an attractive addition to the David Place streetscape, benefiting from a double shop frontage incorporating a large, glazed timber window display. The buildings are Grade 4 listed HE0924 but the interior of the property is not of interest. The shop has various storage areas, an office and a W.C. which is located to the rear of the unit.



There is a 2 bedroom residential apartment and a 3 bedroom residential apartment on the upper floors, with separate entrance doors from David Place.

Accommodation
The Property has been measured in accordance with the RICS Code of Measuring Practice and provides a net internal floor areas, as below.



Ground floor

Retail 1,009 sqft (93.75 sqm)

First Floor

Office & Store 562 sqft (52.17 sqm)



No 2 - apartment

First floor – Lounge, double bedroom, half landing with bathroom

2nd floor – 2 rooms, kitchen

Attic - double bedroom



No 3 - apartment

First floor – Lounge, kitchen, half landing with wc

2nd floor – 2 double bedrooms, bathroom

Attic - double bedroom

Asking Price
The opportunity exists to acquire the freehold interest of the property for a consideration of £795,000 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

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£
35 yrs
60% 2 year tracker - 4.70%
With a 40% deposit of £318,000 on a property valued at £795,000 your monthly payments would be£2,316.88

Stamp Duty

Calculated on the property value of £795,000 the total stamp duty would be £17,325
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

Broadlands CommercialEstate AgentsContact us about this or any of our listed properties.