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Property for sale

Halkett Place, St Helier, JE2
Property
Added > 14 days

Features and description

  • Tenure: Freehold
  • Current Rentals £566,969 Per Annum
  • 7% Rental Yield
  • Planning approval for residential conversion of upper floors to 33 apartments
  • Investment Opportunity
  • Freehold
  • Located in the centre of St Helier

Dominant pitch on the western side of Halkett Place, a busy thoroughfare at the centre of St Helier's retail offer.

Unexpired term to New Look Retailers (CI) Limited of approximately 5 years unexpired.
Current passing rent of £566,969 per annum.

Planning approval for residential conversion of upper floors to 33 apartments. 

The property comprises a three-storey building offering retail sales accommodation at ground and first floor levels with a mixture of ancillary and residential accommodation on the second and third floors above.

The second floor of the property also provides four two-bedroom residential flats, which are classified as entitled locally qualified. The flats are currently vacant and will be yielded up with vacant possession on implementation of the lease variation as part of the residential development.

The property also includes part of a further two-bedroom flat, the greater part of which falls within the demise of the adjoining 6 King Street.

For further detail on the planning and development details, covenants and tenancy agreements, please download the brochure.



Property information from this agent

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About this agent

Maillard & Co - Maillard & Co
Maillard & Co - Maillard & Co
31-33 New Street, St Helier, Jersey, JE2 3RA
020 8128 5028
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Maillard & Co has been a trusted partner in the Jersey property market for almost a century, because we treat our clients with exceptional care, service and professionalism. We believe the role of a property partner is to put your interests first, working with intelligence, integrity and expertise across a full range of property services. Bringing together the Channel Islands’ largest team of estate agents, property managers and chartered surveyors, we ensure we align with your goals and ambitions at every step of your property journey. We strive to deliver excellence in everything we do, and our professional accreditations are testament to that. We work hard, give honest advice and love what we do.
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