55 New Street, St Helier, St Helier

Description

Property Floor Plan 1 This exceptional investment opportunity is situated in a prime town centre location and offers a versatile mix of commercial and residential accommodation. The property comprises a well-presented retail shop at the front, benefitting from prominent street frontage, with three floors of extensive storage space to the rear, providing flexibility for a range of business uses. Above the commercial premises, there is a two-bedroom duplex apartment, currently let, making this an attractive proposition for investors seeking immediate returns. The entire property extends to approximately 2,800 square feet, allowing for generous retail, storage, and living spaces. Both the residential unit and the retail shop are fully tenanted, with the residential lease secured until 2027 and the retail lease until 2028, ensuring stable income and peace of mind for the new owner. With a rental yield of around 7 percent, this property represents a strong addition to any investment portfolio. The combination of a high-yielding asset, secure tenancies, and an excellent location close to local amenities and transport links makes this a rare opportunity not to be missed. Early viewing is highly recommended to appreciate the full potential of this versatile property.