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To book a viewing for this property, please call Gaudin & Co Ltd, on 01534 730341.

To book a viewing for this property, please call Gaudin & Co Ltd, on 01534 730341.

For Sale
£925,000

Office, 39/40 The Parade, St Helier

39/40 The Parade, St Helier

Gaudin & Co Ltd Primary Brand brand logo

Gaudin & Co Ltd

Gaudin & Co, 22 Hill Street

Description

Located in the western part of St. Helier, within walking distance to the Parade Gardens, this mixed-use commercial property presents a great investment opportunity. The area offers a vibrant atmosphere, with a range of shops, coffee houses, restaurants, and gyms nearby, making it a desirable location.

The property consists of a vacant studio apartment, which requires refurbishment, and two 1-bedroom apartments that are currently tenanted but also in need of refurbishment. The rental income reflects the current condition of the property. Additionally, the building includes a commercial unit on the ground floor and a communal courtyard to the rear.

With an annual income of £64,000 and a potential yield of approximately 7%, this property offers solid returns once renovated. However, it does require a full refurbishment to unlock its full potential and increase rental income.

For more information or to arrange a viewing, please feel free to contact Adam Lescop on 01534 517103 or email adaml@gaudin.je

Key Features

  • Investment Opportunity
  • Mixed Commercial Use
  • 3 Residential Apartments
  • 1 Commercial Unit
  • Located Western Area of Town
  • Potential Yield of 7%
  • Asking Price £925,000

Property Details

  • Property type: Office
  • Council Tax Band: TBD
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Floorplans

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By Gaudin & Co Ltd

Disclaimer - Property ID 7f1e465a-a3e9-48c6-aed5-ceff6872d14b. The information displayed about this property comprises a property advertisement. Street.co.uk and Gaudin & Co Ltd makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Street.co.uk has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by the advertising agent. Please contact the agent or developer directly with any questions about this listing.