Guernsey Press Building

Description

Watts - Guernsey Press Building - 4K | Videos & Movies on Vimeo The Guernsey Press Building presents a unique opportunity to acquire a large site in a well established industrial location. This would suit an investor seeking to acquire a well secured income producing asset or an owner occupier. Rare Industrial Opportunity 52,300 sq ft 117 Parking Spaces Significant Income Generation Noteworthy Anchor Tenant Long Term Income FRI Leases Owner Occupier Potential Document Duty Exempt Acquisition The Guernsey Press Building forms an essential part of the current tenant’s business housing the Island’s only printing press equipment. Whilst CIMG has a long term lease commitment they are open to discussions with prospective purchasers regarding a surrender of their lease on all or part of the premises. They have indicated a willingness to take a direct lease or sub-lease on the area housing the printing press equipment which can easily be sub-divided from the main office. Given the location, size and configuration of the premises together with the generous parking, we consider this is an ideal opportunity for an owner occupier who can benefit from the additional income from the other smaller units. In a market starved of supply of good sized units this opportunity represents real potential for a local business to expand and benefit from a large external area as yard or parking. The Guernsey Press Building is situated on the Braye Road Industrial Estate on the western outskirts of St Sampson’s. It is therefore very well located with good access to St Peter Port, St Sampson’s and the Vale and benefits from being on one of the main container routes which allows articulated vehicles up to 16.55 metres to travel there from The White Rock in St Peter Port between the hours of 21:00 an