Sinclair Realty - Property in Bermuda

Commercial To Let in St. Peter Port

Longue Houge Lane Warehouse, St. Peter Port
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Price: GBP £57,596 p/m
St. Peter Port, Guernsey
Property Reference:
roc_1147 - #13980

Property Description

The warehouse is located on Longue Hougue Lane close to St Sampson Harbour approximately 2 miles from St Peter Port. Travelling towards St Sampson along Bulwer Avenue from St Peter Port, Longue Hougue Lane is the first turning on the left.  The property was purpose built and completed in c. 2008. As such, it provides ultra-modern free span accommodation with an extremely high cubic capacity. The existing fit out includes an extensive racking system with elements of the mezzanine floor accessible by hydraulic goods lifts. The build fabric is of steel portal frame, clad with insulated powder coated sheet metal, constructed upon a high loadbaring reinforced concrete floor. Lighting is provided both naturally and artificially through a mixture of translucent roof sheets and sodium box lighting.  Articulated vehicular access is provided to both front and rear elevations through electronic roller shutter doors (4.875m H x 4.120m W). A large concrete yard with ample turning space is located to the rear, whilst additional hard standing abuts the front facade. The building which has most recently been used for storage and distribution is passed under class 38 of the islands planning laws “use for any general industrial purpose”.The property is available for immediate occupation, subject to contract by way of the assignment of an existing 21 year fully repairing and insuring style lease expiring on the 6th November 2029 at a passing Net rental of £691,159 per annum. The lease is subject to triennial reviews to the higher of the market rent or a fixed percentage increase of 10.87%, with the next review falling on the 7th November 2020.  A sub-letting, on like terms, but in no more than two parts, may also be considered.



Price: GBP £57,596 p/m

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