La Colomberie, St Helier

Description

LOCATION The property is situated on the southern side of La Colomberie which generally houses a mix of retail, residential and offices.Green Street and Snowhill car parks are within close proximity.We attach a location for plan reference purposes.DESCRIPTION The property is a four-storey purpose-built building consisting of two retail units at ground floor level with 7 one bedroom apartments above and to the rear.Overall, the property is in particularly good order throughout and we attach a selection of photographs accordingly. We also attach a floor plan of the ground floor café/restaurant area of Unit 6a and the upper residential floors for reference purposes.ACCOMODATION The approximate areas are:Unit 6a Retail - 705 sq.ft.Rear Mezzanine - 685 sq.ft.Office/Store - 180 sq.ft.Unit 6b Retail - 695 sq.ft.1st Floor - 2 x one bed flats2nd Floor - 2 x one bed flats3rd Floor - 1 x one bed flat Annex - 2 x one bed flatsTENUREUnit 6a is currently let to Flour Patisserie Limited on a 9 year internal repairing and insuring style lease from 1st September 2022, expiring on 30thAugust 2031 and is subject to 3 yearly JRPI reviews. The Lessee has the option to break the Lease on 29th September 2027. Unit 6b is currently let to Studio Zest Limited on an internal repairing 9 year lease from 1st December 2024, expiring on 30th November 2033 and is subject to 3 yearly JRPI reviews. The Lessee pays a fair proportion of the building insurance.The 7 one bed residential units are all let on standard residential tenancy agreements. PASSING RENTALSThe total rent is £134,544 per annum, being £42,060 per annum for the commercial units and £92,484 per annum for the residential apartments.ASKING PRICE£1,575,000 by way of a Freehold Sale.Please call Sarre & Co on 880 880. Please note that all area