4 bed Commercial for Sale in St. Helier, br_BLN31131704-t-4378

Sinclair Realty - Property in Bermuda

4 Bed Commercial For Sale in St. Helier

Seaton Place, St. Helier Jersey, St. Helier
Price: GBP £975,000
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Bedrooms:
4
Baths:
1
Location:
St. Helier, Jersey
Type:
Commercial
Property Reference:
br_BLN31131704-t-4378 - #3786

Property Description

A mixed commercial & residential property offering plenty of options as an investment, home with income, or key place to live and run your own business. Available with vacant possession, the building can provide a strong return of over 6% when fully let. Also ideal for purchasers planning to run a business from home -as there is plenty of space for the whole family upstairs - or as a home with income. Located a stone's throw from the town centre, the building benefits from substantial passing footfall.

Commercial Unit
Spacious commercial unit approximately 630 square feet currently set up as food take away outlet. Prominent shop front with very strong passing trade. Available with vacant possession. Potential rental income of ?33,000 per annum.

Residential Unit
Residential unit on two floors approximately 1053 square feet comprising living room, separate kitchen and bathroom on middle floor and four bedrooms on top floor. Available with vacant possession. Potential rental income of ?26,800 per annum.

Potential Return
Both units have been let in the past for the figures shown. Fully let the building gives a potential total annual return of ? 59,800 or 6.3%. As each has its own entrance, both can be let separately. Service charge of ?103 per month covers building insurance, external power, foncier rates and sinking fund.

Price: GBP £975,000

Broadlands

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