The Energy Centre
Excellent investment opportunity.
Let in its entirety on FRI terms to Guernsey's only gas provider, Guernsey Gas Limited with + 14 years unexpired income. Modern build headquarters office, set on approx 1.24 acres, within the islands capital of St Peter Port.
Benefit of upward only annual Guernsey Retail Price Index (GRPI) increases, capped at 2.5% per annum.
Subuject to contract, offers are invited in excess of £5,000,000 (Five Million Pounds Sterling) for the freehold interest of the property, which is available by way of the purchase of an existing SPV.
An acquisition at this level reflects a net initial yield of 6.99%, after allowing for purchaser's costs of 1.50% on the basis of an SPV sale.
- 23640 Sq Ft
La Bouet, St Peter Port