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The property is located on Northside, a short distance from the roundabout connecting Northside, The Bridge, Vale Avenue and Bank Lane. Surrounding occupiers include Guernsey Electricity, HSBC Bank and Creaseys.
The property comprises, a prominent ground floor retail unit with Serving Area/Café, together with Preparation and Storage Areas to the rear. The property further comprises six 1 and 2 bedroom residential flats arranged over the first and second floors. Flats 3 - 6 are currently let, Flats 1 & 2 two will require the completion of an ongoing renovation project prior to being let.
Retail Unit (ground floor) - Serving Area/Café, Three Preparation Rooms, Store and Office
Flat 1 (first Floor) - Entrance Lobby, Lounge, Kitchen, WC, Bedroom with En-suite.
Flat 2 (first & second floors) - Entrance Lobby, Lounge, Kitchen, Bedroom, Bathroom.
Flat 3 (first & second floors) - Entrance Lobby, Lounge, Kitchen, 2 Bedrooms, Bathroom.
Flat 4 (first & second floors) - Entrance Lobby, Lounge, Kitchen, 2 Bedrooms, bathroom.
Flat 5 (first & second floors) - Entrance Lobby, Lounge/Kitchen, Bedroom, Bathroom.
Flat 6 (first & second floors) - Entrance Lobby, Lounge/Kitchen, Bedroom, Bathroom.
Total Gross rent Passing £100,038 Per Annum
Potential to significantly enhance the income, estimated at circa £122,560 following refurbishment of the two vacant units.
Each party to bear thier own legal costs.
£1,700,000
Contact Matt Birch on 07839 111013 or email matt@mrbsurveyors.co.uk
