16 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, Guernsey Post and many other independent retailers.
16 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 wood flooring 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.
14 Commercial Arcade provides 1,140 sq ft of retail accommodation. This comprises the following:
| Floor | Area (sq ft) |
| Ground | 249 |
| First | 205 |
| Second | 238 |
| Attic | 118 |
| Basement | 330 |
| TOTAL | 1,140 |
The property is currently let and income producing. The current lease is due to expire on 31 May 2028, with the tenant paying £11,000 per annum, subject to annual GRPI reviews, with either party having the ability to terminate with six month's notice.
For further details on the tenancy, please contact Watts Property.
Freehold.
The price of the property is available on application
The property is available to purchase immediately.
Each party is responsible for its own legal costs.
All terms are subject to contract.
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.
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.
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