Other Commercial, Dawlish House, St Helier

Dawlish House - Prime Investment Opportunity in St. Helier Town Centre

Located in the heart of St. Helier, Dawlish House sits at the junction of Charles Street and Ingouville Lane, with proximity to the Arts Centre, Le Gallais Chambers, and the newly developed Ann Court residential and commercial complex.

Dawlish House is a fully-occupied, registered lodging house spread across 13 & 15 Charles Street, offering 13 self-contained lodging units, all with en-suite shower facilities, along with a small, vacant retail unit on the ground floor of 13 Charles Street. Recently renovated to a high modern standard, both internally and externally, this property presents a rare opportunity to acquire quality accommodation in a central town location.

Property Highlights:

• 13 x Lodging units & 1 x Commercial retail unit

• Newly renovated throughout

• Prime town centre location

• Fully occupied lodging units, generating income

Accommodation Breakdown:

• Lodging Units (13 Total):

  • Flats 4, 5, 8, 9, 10 & 11: One-person units

  • Flats 3, 6 & 7: Two-person units

  • Flat 12: Two adults & one child unit

  • Flats 1, 2 & 13: Two adults & two-child units

  • Commercial Retail Unit: 538 sqft (50 sqm) – Currently vacant

Current Rents from Residential Lodging Units:

• Flat 1: £1,148 p/m (£13,776 p/a)

• Flat 2: £1,100 p/m (£13,200 p/a)

• Flat 3: £750 p/m (£9,000 p/a)

• Flat 4: £650 p/m (£7,800 p/a)

• Flat 5: £650 p/m (£7,800 p/a)

• Flat 6: £805 p/m (£9,660 p/a)

• Flat 7: £758 p/m (£9,096 p/a)

• Flat 8: £700 p/m (£8,400 p/a)

• Flat 9: £670 p/m (£8,040 p/a)

• Flat 10: £650 p/m (£7,800 p/a)

• Flat 11: £650 p/m (£7,800 p/a)

• Flat 12: £775 p/m (£9,300 p/a)

• Flat 13: £1,100 p/m (£13,200 p/a)

Total Residential Rent: £124,872 p/a
Projected Total Rent (Including Commercial Unit): £137,172 p/a
Retail Unit Estimated Rent: £12,300 p/a

Investment Opportunity:

The freehold of Dawlish House is held within Fenice Ltd, which has the necessary licenses in place to operate the property as a residential lodging accommodation. Potential buyers may choose to acquire Fenice Ltd as a whole, or, if preferred, the freehold of the property alone may be sold separately.

For more information or to arrange a viewing, please contact Adam Lescop adaml@gaudin.je