Property Type
Property Name
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Sale Sole Agency | Retail

14 Commercial Arcade Investment Opportunity

14 Commercial Arcade, St Peter Port, Guernsey
£430,000
  • Total Space
    1,353 SQ FT
  • Location
    Central
  • Frontage
    Prominent
  • Arrangement
    Four Floors
  • Fully Let Investment
    Income Producing
  • Availability
    Immediately
Location

14 Commercial Arcade is situated in a central and sought after retail location, on the outer arm of the Commercial Arcade. This is a busy pedestrianised thoroughfare linking Market Square to the High Street and Church Square.

Other occupiers in the immediate vicinity include Toni & Guy, Hotel Chocolat, Sports Direct, Mappin & Webb, Trespass, Specsavers and many other independent retailers.

Description

14 Commercial Arcade is a retail unit set over five floors. This includes a basement and attic.

The ground and first floors are currently being traded from, whereas the basement, second and attic floors are being utilised for ancillary storage / office purposes.

The retail elements are fitted with timber effect floors and ceiling hung directional lighting. The property also benefits from a highly visible shop front with large display window which is ideal for the display of goods or corporate branding.

Accommodation

14 Commercial Arcade provides 1,353 sq ft of retail accommodation. This comprises the following:

Floor Area (sq ft)
Ground 318
First  321
Second  263
Attic  115
Basement 336
TOTAL  1,353
Tenancy

The property is currently let and income producing. The current lease is due to expire on 31 May 2028. 

For further details on the tenancy, please contact Watts Property.

Tenure

Freehold. 

The property is available to purchase for £430,000 (four hundred and thirty thousand pounds).

Availability

The property is available to purchase immediately.

Legals

Each party is responsible for its own legal costs.
All terms are subject to contract.

  • Valuation

    We have a team of RICS Registered Valuers who combine experience, local market knowledge and high standards of professionalism to provide valuation reports tailored to provide clients with the information they require.

  • Property Management

    Our dedicated Property Management Team has a broad range of technical and financial management skills to ensure the properties we manage are in safe hands.

Sale Sole Agency

14 Commercial Arcade Investment Opportunity

 
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