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Summary
LOCATION
The property is prominently located within St Helier’s Central Business District, occupying a prime position on New Street, one of the town’s most established and sought-after office locations. The surrounding area is home to a wide range of professional occupiers and provides excellent access to the Island’s principal commercial, retail and transport amenities.
DESCRIPTION
The building is an attractive four-storey purpose-built office building in a terrace of similar style properties. The available offices are situated on the second floor and provide an efficient floor plate with excellent natural light provision from windows from and rear and a large central atrium.
The offices were comprehensively refurbished by the current occupier in 2022 to an exceptionally high specification and are available by way of lease assignment in turnkey condition.
The accommodation presents a rare opportunity for an incoming assignee to acquire high-quality, fitted office space with no requirement for capital expenditure on fit-out or refurbishment.
The accommodation benefits from the following amenities:
- Comfort cooling/ comfort heating
- Suspended ceilings
- Integral LED lighting
- Double glazing
- Fully accessible raised floors
- Lift access
- Male and female toilets
- Disabled toilet / shower
- Kitchen / break area
- Dedicated reception area
- 18-person board room
- 12-person client room
- 4-person client meeting room
- 3-person client meeting room
- Security door access system
The current layout provides a well-balanced mix of open-plan workspace and cellular offices, meeting rooms and client areas, offering immediate operational flexibility
ACCOMMODATION
The second floor provides approximately 4,647 sq.ft.of high-quality office accommodation.
In addition, five secure ground floor car parking spaces are provided.
TENURE
The premises are available from 1st April 2026 until 30th July 2030 by way of an assignment of the existing lease. The existing lease is drawn on a fully repairing and insuring style basis, by way of a managed fair proportional style service charge, and subject to 3 yearly rent reviews in line with Jersey Cost of Living (the next review being on 31st July 2027).
RENTAL
The passing rent is £146,307.03 per annum which equates to £27.45 per sq.ft. and £3,743.97 per parking space.
OCCUPATION
From 1st April 2026.
LEGAL COSTS
Each party to bear their own legal costs.
COVENANT STRENGTH
In line with normal market practice, a suitable covenant or guarantee will be required by the Lessor, and the Lessee will be required to provide the usual Due Diligence information.
Incentives Available
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.
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