Warehouse/Industrial, St John
The property is situated in a rural location in the north of the island in the parish of St John as shown on the Ordnance Survey extract. The unit is located close to St John’s recreation centre, approximately 1/2 mile from St Johns village and 5 miles from St Helier.
The property comprises a large, dilapidated blockwork unit with an agricultural usage. The unit is of blockwork construction with a concrete floor and glass panel windows under a pitched asbestos roof. The structure, which is in need of significant repair, is accessed via a shared roadway and yard with provision for short term loading/unloading. There is an ancillary yard which could also be made available.
This unit has been assessed in accordance with the RICS Code of Measuring Practice and extends to 2,830 sq. ft. (263m2). There is an ancillary yard adjoining the property which extends to roughly 2,637 sq. ft (245m2).
The property is offered, subject to contract, by way of a new lease for a term to be agreed, although ideally for a term of no less than five years at a rental of £10,548 per annum, exclusive of occupier’s costs including rates and insurance. The lease will be conditional upon the tenant undertaking all repairs to the store and thereafter maintaining them. The lessee will also be responsible for a share of the maintenance and upkeep of the access roadway.
Written offers are otherwise invited (subject to contract) for the freehold. Written offers should include 1, Offer price in pounds sterling 2, Any conditions attached to the offer 3, Identity of the proposed purchaser/purchasing company 4, Confirmation that funds are available for the purchase 5, The proposed onward use.
Three yearly upward only rent reviews by reference to the increase in the Jersey Retail Price Index.
- 2830 Sq Ft
La Route du Mont Mado