9A Beresford St 403 SF 100% Leased Retail Building Jersey JE2 4WN $295,016 ($732.05/SF)
INVESTMENT HIGHLIGHTS
- Large variety of local amenities
- Located on a busy pedestrian street creating heavy daytime foot traffic
- Short distance to the coastline and Marina areas
EXECUTIVE SUMMARY
The property is a two storey commercial unit, benefiting from a small ground floor retail sales area, with similar space at first floor. The unit is let principally on an open plan basis, with stair access to first floor, which benefits from a WC facility.
The property is located centrally within Jersey’s Central Business District, in a strong retail location. More specifically, the property is situated on the Northern side of Beresford Street close to the junction with Cattle Street, giving prominent access to busy pedestrian traffic flow. The immediate area provides for a wide mix of use including significant retail offerings, restaurants, bars and cafes, Central Market, Fish Market and Minden Street multi-storey public car park.
The premises are currently let on an internal repairing style lease with the lessee being responsible for all rates, building insurance and internal decoration. The passing rental is £16,580pa. The lease is to expire on 31st August 2027.
The property is located centrally within Jersey’s Central Business District, in a strong retail location. More specifically, the property is situated on the Northern side of Beresford Street close to the junction with Cattle Street, giving prominent access to busy pedestrian traffic flow. The immediate area provides for a wide mix of use including significant retail offerings, restaurants, bars and cafes, Central Market, Fish Market and Minden Street multi-storey public car park.
The premises are currently let on an internal repairing style lease with the lessee being responsible for all rates, building insurance and internal decoration. The passing rental is £16,580pa. The lease is to expire on 31st August 2027.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Tenure
Freehold
Building Size
403 SF
Year Built
1950
Price
$295,016
Price Per SF
$732.05
Percent Leased
100%
Building Height
2 Stories
Frontage
34’ on Beresford Street
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NEARBY MAJOR RETAILERS
