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Sale Sole Agency | Office

Estate House, Paragon House, 3 College Street Investment Opportunity

Ann's Place, St Peter Port, Guernsey
Anchor Tenant: Swoffers
  • Total Space
    8,267 SQ FT
  • Location
    Prominent
  • Annual Rent
    £199,480
  • Mixed Use
    Offices & Resi
  • Onsite Parking
    12 Spaces
  • Price
    On Application
Key Features
  • Prominent location in the centre of St Peter Port
  • Excellent passing trade
  • Mixed-use investment
  • Includes five offices and four flats
  • Anchored by Swoffers Ltd, one of Guernsey's largest and longest standing estate agents
  • Currently generating income of £199,480 per annum
  • Potential for further rental growth on the letting of the vacant units and following the stepped rental increase under Swoffer’s lease in September 2026
Anchor Tenant

Estate House and Paragon House are anchored by Swoffers Limited as principal tenant. Swoffers is one the of the island's largest and most experienced residential estate agents with over 25 staff. They began trading since 1972 and moved into Estate House in 1977. 

A full tenancy schedule is available upon request.

Annual Rent

Current rental income generated by the property:

Type Annual Rent
Commercial £131,680.00
Residential £67,800.00
Total £199,480.00

A full breakdown of the rent is available upon request. 

Location

The three properties are located along College Street and Ann’s Place in the centre of St Peter Port. They therefore occupy a prominent position in the heart of Guernsey’s financial district.

The surrounding vicinity is dominated by some renowned buildings such as Elizabeth College, St James Concert Hall and The OGH, Guernsey’s only 5* hotel.

The vicinity has a large number of well-established and diverse companies within the finance and legal sectors.

These include Oak Group, Ravenscroft, Grant Thornton, Asset Risk Consultants and Utmost International.

Description

The properties for sale comprises three commercial buildings, known as Estate House, Paragon House & 3 Collage Street, as follows:

Estate House comprises three stories, all let to Swoffers. The ground floor comprises a well-specified reception area and covered parking for five cars, with the first and second floors comprising offices and boardrooms. The staff room is also located on the second floor, together with additional storage.

The ground floor benefits from large bay windows currently being used for displays making it ideal for use by the current occupier.

Paragon House is situated directly to the east of Estate House and benefits from the same uPVC sash windows on the first floor with two captain style dormer windows on the second floor.  It includes two offices. One is occupied by Swoffers, who have knocked through to Estate House to create an open plan office. The other is occupied by AGI Services Limited. The property also offers two well-maintained flats which are situated on the second floor, both of which are let. In addition, there are seven secure parking spaces located in the car park on the ground floor.

3 College Street is situated two properties up from Estate House and benefits from a sizeable communal courtyard which is accessed through an archway, separating it from the main road. The courtyard provides direct access into the Paragon House Car Park, with the property comprising  three independent offices, two on the ground floor and one on the second.  3 College Street also includes three flats, two of them are included in the sale. The third flat is owned by an independent party.

Accommodation
PROPERTY USE FLOOR  AREA (sq m) AREA (sq ft)
Estate House Office Whole Building 174 1,878
         
Paragon House Office First 137 1,477
  Office Ground 38 407
  Flat A Second 70 757
  Flat B Second 37 400
    Total 282 3,041
3 College Street Office Ground 25 269
  Office Ground 79 855
  Office Second 101 1,091
  Flat 1 First 41 438
  Flat 3 Second 65 695
TOTAL   Total 311 3,348
         
    Grand Total 768 8,267

Estate House and Paragon House also offer onsite parking, five and seven spaces respectively.

Available

Freehold. The premises is available to purchase immediately.

Tenure

Freehold.
The premises is available to purchase.

Price

Upon application.

Legals

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

  • 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

Estate House, Paragon House, 3 College Street Investment Opportunity

 
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