No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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£3,000,000 | 10,136 sq ft
Added > 14 days

Office for sale

St. Helier, Jersey JE2
Save
Office
0 bed
0 bath
10,136 sq ft / 942 sq m

Property description & features

  • Mixed use property with retail, parking and offices
  • Property Investment with substantial potential development opportunities
  • Current income £194,653 pa
  • Excellent central location
  • Garage and on street car parking
  • First floor offices available – 10,136 sq.ft
  • Ground floor – let to 2 separate parties
  • Offices available to let or owner occupy
  • Offices in need of refurbishment

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Rooms

Location
The property is located close to both of the St Helier’s Central Business District and prime retailing area on King Street. More specifically, the property is situated on the western side of Halkett Place adjacent to the Central Library. Public car parking is located a short distance to the east within Minden Place car park. We attach a site plan for identification reference purposes and the building straddles the roads between Halkett Place / Duhamel Place.

Description
The premises consist of a two storey purpose built modern building with ground floor retail warehouse and offices on the first floor level. There is approximately 7 car parking spaces to the eastern elevation of the property and 13 further car spaces located in the ground floor garage. The garage has roller shutter doors to both elevations – Duhamel Place and Halkett Place. Wholesale Electrics Limited occupy the ground floor retail warehouse premises and benefit from the majority of the car parking on the eastern elevation. The first floor offices require refurbishment but generally include the following: - Dedicated ground floor entrance - Suspended ceiling; - Integral fluorescent lighting; - Double glazing; - Excellent natural light; - Lift access; - Male & female wc facilities; - Secure garage car parking with up to 13 car spaces on site. The offices can also be accessed from Halkett Place and Duhamel Place.

Accommodation
Ground floor is occupied by Wholesale Electrics Limited – area TBC. The first floor vacant offices comprise an NIA of approximately 10,136 sq.ft. Ground floor garaging for 13 cars which are now let on a licence. Site approx. – 14, 434 sqft ( 1,341 sqm ).

Tenure
The ground floor is currently let at a rental of £161,653 per annum with the lease terminating on 31st August 2026. The first floor offices are vacant and fully available. The ground floor garage has been let on a licence to a corporate occupier at £33,000 per annum (11 car parking spaces at £3,000 pa each), which can be terminated by either the landlord or tenant subject to 3 month’s prior written notice, with the licence ending on 16th November 2025.

Asking Price
The opportunity exists to acquire the freehold of this property,subject to the above noted leases, for a consideration of £3,000,000 exclusive of GST as applicable.

Legal costs
Each party to bear their own legal costs and any other costs incurred in the purchase of this property.

Property information from this agent

Places of interest

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    Broadlands is made up of a small team of Jersey residents with over 300 years combined experience in Jersey real estate, and an unmatched passion for the island. We handle each transaction with care, honesty, integrity, and enthusiasm. As Jersey’s leading real estate agency, we are committed to walking with you through this experience until you are completely satisfied. When we aren’t serving clients in this fluid marketplace, you can find our team members surfing Jersey’s waves, hiking the north coast, boating around the island, or playing golf at La Moye. We’re excited for you to experience Jersey and love it like we do. Broadlands got its start in 1972 and has been at the forefront of the Jersey real estate market for 5 decades. In fact, our CEO Roger Trower has trained the top dozen agents on the island! We live and breathe Jersey. Several of us were born and raised on the island and we understand what makes it so special. We know all the best cafes, the beautiful beaches, the most iconic hidden bike paths, the world-class local schools, and the unique features of each property we handle. We can find what you’re looking for and ensure your home buying or selling experience is more streamlined than you ever anticipated.

    *DISCLAIMER

    Property reference 924a794f-db32-42a6-896e-04d0fd7bc5d8. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Broadlands Jersey - St Helier.

    OnTheMarket may have applied supplementary data to this property listing, including:

    Broadband availability and predicted speed

    Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

    Basic: Up to 30 Mbit/s
    Super-fast: Between 30 Mbit/s and 300 Mbit/s
    Ultra-fast: Over 300 Mbit/s

    The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

    Mobile phone signal availability and predicted strength

    Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

    Clear: No bars, no signal predicted
    Red: One bar, reliable signal unlikely
    Amber: Two bars, may experience problems with connectivity
    Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
    Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

    Energy Performance data and Internal floor area

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.