Investment Opportunity

St Helier

£1,400,000

New

Property Details

Le Gallais are delighted to have sole agency to offer this enticing opportunity to purchase this mixed commercial and residential investment property located in the northern residential area of St Helier, close to the Bath Street redevelopment site which is set to bring a hive of activity to the area. 

The property ground floor comprises two popular food outlets; a popular and well known local restaurant and a popular takeaway outlet. 

There are four separate qualified units of accommodation above with separate entrance; 3 x one bedroom apartments and a large 2 bedroom apartment, all with separate kitchens and could all benefit from a little updating.  

All apartments and both the restaurant and takeaway are currently tenanted with a rental income broken down as follows:

2 Food Outlets  £44,177 per annum

Apartments   £39,072 per annum

Further detailed information is available upon request but it is recommended to view the property to understand the opportunity and scope this freehold investment offers.

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