Description

The retail parade of shops forming part of the Clos des Pas development is situated off the East side of Green Street, close to the junction with Havre des Pas.

The properties form part of a three-storey purpose-built development consisting of retail units at ground floor level with two storeys of apartments above (all sold off separately).

The retail units benefit from a private customer car park immediately opposite housing up to 9 cars.

Dimensions

The approximate internal areas are as follows:

• Unit 1 - 394sq.ft.
• Unit 2 - 797sq.ft.
• Unit 3 - 797sq.ft.
• Unit 4 - 398sq.ft.
• Unit 5 - 398sq.ft.
• Unit 6 - 398sq.ft.
• Total: 3,182 sq.ft.

Tenure

Unit 1 is let to Green Street Laundrette on a 6 year license (fully equipped) from 1st April 2024, expiring on 31st March 2030 and is subject to annual Jersey Cost of Living rent. The passing rental is £18,450 per annum.

Unit 2 and 3 are let to Hampton Estates Limited on a 9 year license from 29th September 2021 and subject to annual Jersey Cost of Living increases. The passing rental is £32,000 per annum

Unit 4 is let fully equipped to Mr E H Moultray-Read on a 3 year license from 29th September 2023 and subject to annual Jersey Cost of Living increases. The passing rental is £15,900 per annum.

Unit 5 is let to Puchi Dog Spa Limited on a 6 year license from 1st April 2024 and subject to annual Jersey Cost of Living increases. The passing rental is £16,279.50 per annum.

Unit 6 is let to The Beauty Room on a 3 year license from 29th September 2023, with an option to extend and subject to annual Jersey Cost of Living increases. The passing rental is £15,900 per annum.

In summary, all the licenses are on a fully repairing terms with a total rent roll of £98,529.50 per annum.

Downloads

• Clos des Pas - Download

Key Contacts

If you wish to get in touch with us about this property you can contact our helpful team using the details found below.

Alistair Sarre
Director
Telephone: 01534 883180
Email: asarre@sarreandco.com

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