• 100% Prime Pitch
• Restaurant & Retail Use
• Investor/Developer or Owner Occupier Opportunity
• Double Frontage
• Waterfront Position
• Let in part to Village East and generating rental income until 31 March 2030
• Potential to release value on the upper floors

Retail Sector
Whilst the Guernsey retail sector has suffered in recent times following the Covid Pandemic, we are now seeing renewed confidence, with UK retailers commenting that local stores are now trading at pre-covid levels.

New requirements are also being handled from both local and UK retailers with 39-41 High Street and 30 High Street both letting rapidly following the expiry of the leases to Yours Clothing and JoJoMamanBebe. With Superdrug also committing to a new store in Smith Street and Next, Mountain Warehouse, Accessorize and Millets also renewing their leases, greater positivity is now returning to the market.

Food & Beverage Sector
Guernsey’s demographic typically enjoys a higher spend than other jurisdictions, which means that the island has a buoyant F&B Sector underwritten by a strong culture of dining out. The health of the sector is demonstrated by a number of new bars and restaurants either having recently opened or being due to open shortly. These include Alba, Lola, Sorrento, the former Koi Koi, Otto and the new Hook Restaurant at 16-20 Smith Street.

11 Le Pollet & 15 North Plantation is situated in a 100% prime pitch in the very heart of St Peter Port’s core retail area. Its double frontage onto Le Pollet and North Plantation offers a highly visible and accessible location, benefitting from a waterfront position offering stunning harbour views from the upper floors.

Other occupiers in the vicinity include Boots, Next, Holland & Barrett, The Card Factory, White Stuff, Lloyds Bank and Moores’ Best Western Hotel, as well as other well-known national brands, local boutique retailers, restaurants, and night clubs.

The property provides a mixed use asset including a prime retail unit and popular quay side restaurant.

It is situated over eight levels and is laterally divided to provide the restaurant fronting North Plantation (15 North Plantation) with retail unit above, accessed directly from Le Pollet (11 Le Pollet).

The restaurant is occupied by the popular Village East restaurant and is smartly presented to provide 75 covers with alfresco dining onto North Plantation as well as sea views from the upper floors.

11 Le Pollet is accessed directly off Le Pollet itself and provides two levels of regularly shaped retail accommodation over ground and lower ground floor, with storage and ancillary space above and disabled access from street level.

In total the premises provides approximately 6,242 sq ft of accommodation. This is arranged as follows:

15 North Plantation

11 Le Pollet

Freehold.
The property is available to purchase.

We are instructed to seek offers in excess of £1,500,000 (One million, five hundred thousand pounds) subject to contract. 

The premises is available to purchase immediately.

All terms are subject to contract.
Each party shall bear their own legal costs in connection with this transaction.