Retail Premises,St Peter Port, Guernsey


Commercial Arcade, St Peter Port, Guernsey Guernsey

About

Location

The shop is located in Commercial Arcade St Peter Port adjacent to the steps coming up from the bottom of the High Street/Town Church area.from close to the junction with West Centre and forms part of what is known as the Le. The shop premises have excellent main road access and large window frontage.

Description

The premises are self-contained and currently fully fitted out as a Costa Coffee shop but lend themselves to many other uses including general retail, or another food & beverage unit.

The premises currently have the main retail ground floor area with seating inside and out together with an additional seating and food preparation area upstairs at first floor whilst an office/staff area plus toilet facilities are downstairs.

The property has excellent large display window fronting onto Commercial Arcade.

The occupier will be able to fit out the premises to suit their own specification and requirements (subject to prior approval).

Floor Area

The approximate net internal area of the unit are as follows:

Ground Floor – Retail area approximately – 561 sq.ft.
First Floor – Ancilliary storage/prep plus seating –  634 sq ft.
Basement Office – 88 sq ft.

TOTAL 1,283 SQ FT

In addition the unit has seating for 30 people down stairs together with an additional 30 upstairs plus an area of 1.956 m x 5.677 m outside for al fresco use.

Lease Terms

The property is available by way of a new sublease for a period of up to the head lease expiry in March 2026 and therefore approximately 4 1⁄2 years are available.

Subject to further negotiations with the ultimate landlord they may be prepared to grant a longer lease.

Rental

The shop is available at a commencing annual rental of £60,000 per annum exclusive of TRP rates and insurance.

Rent Reviews

The rent will be reviewed in accordance with the increase with the JRPI in line with the head lease in March 2023.

Availability

The premises are available immediately for occupation subject to suitable terms being agreed.

Other Details and Viewing

Strictly upon application to Jon Carter at Carter Property Consultancy: tel. 07797722695 or

email at jon@joncarterproperty.com W: www.cpc.je

Details

Type: Retail Let By CPC

Price: £60,000 Per Anum

Bed Rooms: N/A

Area: 1280 SFT

Bathrooms: N/A

Guest Room: N/A

Garages: N/A

Available From: Immediately

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