£1,750,000 House
4-6 Market Street, St. Helier

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Features

4 Bedrooms
4 Bathrooms
4 Receptions
Parking

Summary

House Type
Freehold Tenure
Qualified Qualification
349 m2 / 3757 ft2 Approx Size m2/ft2
Maximum capacity 75 Covers
Fully fitted & ready to trade
High spec renovation
Excellent central location
Terrace for alfresco dining
Staff accommodation on site

This is a rare opportunity to acquire a stylish and fully equipped restaurant premises that underwent a comprehensive refurbishment in 2018. Since then, the property has been carefully maintained and remains in excellent condition throughout.



The building is of traditional masonry construction with pitched slate and clay tiled roofs and is arranged across basement, ground and two upper floors, all connected via a central staircase.


The ground floor provides an attractive open plan dining space designed for restaurant use, together with a disabled W/C and additional storage areas.

The first floor accommodates a fully fitted commercial kitchen which services the restaurant below via two dumb waiters and a goods lift. This level also includes a manager`s office, staff room and further W/C facilities.


The second floor offers valuable residential accommodation, comprising a self-contained one bedroom apartment as well as separate staff accommodation with three bedrooms, a shared kitchen and bathroom facilities.



Outside, the property benefits from an alfresco dining terrace providing seating for approximately 14 guests. The area is operated under a licence/permit agreement with the Parish of St Helier.

The property occupies a well positioned location within the commercial heart of St Helier, immediately adjacent to the historic Central Market and within easy walking distance of the island`s main retail streets, King Street and Queen Street. This central setting benefits from consistent pedestrian footfall generated by nearby retail, office and hospitality uses.

The surrounding area has seen considerable investment and residential development in recent years, with a number of major town centre schemes delivering a significant number of new homes within close proximity. These developments have strengthened the local residential population and increased demand for nearby amenities, including cafés, bars and restaurants.


Ground Floor Restaurant and bar areas1,377 sq ft (127.97m2)
First Floor Kitchen & ancillary areas 1,286sq ft (119.48m2)
Second Floor Residential (1 x 1 bed flat plus 3 x separate
individual bedrooms with shared kitchen & bathroom facilities)
1,089 sq ft (101.17m2)
TOTAL AREA 3,753 SQ FT (348.62m2)

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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£
35 yrs
60% 2 year tracker - 4.45%
With a 40% deposit of £700,000 on a property valued at £1,750,000 your monthly payments would be£4,936.73

Stamp Duty

Calculated on the property value of £1,750,000 the total stamp duty would be £60,750
Subject to £80 registration fee and £20 Jurat's fee where applicable.

Estate Agent

Knight Frank JerseyEstate AgentsContact us about this or any of our listed properties.