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£195,000

Queen Street

St Helier

3

(REF 28838) Due to retirement, a rare opportunity has arisen to purchase a successful business in arguably one of the best locations on St Helier's high street.With passing trade from Snow Hill car park, people walking into work from the Howard Davis Park and Colomberie end of town, and with it being a busy tourist area, this commercial site - available for the first time in more than 20 years - on Snow Hill will be a big success.It comes with three apartments above, two of which are non-qualified, bringing in around £20,000 per annum in rent, and an adjoining cafe, which could be sublet for up to £35,000 as a food or retail outlet. The apartments and cafe are already mechanically and electronically split, making any subletting a simple process.The dry cellars have walk-in freezers and cold stores, prep rooms and storage, meaning another food outlet could easily be operated from this busy corner of the town centre.The annual lease is £66,500, most of which is covered by the income from the properties above and the subletting of the cafe next door.Early viewing is recommended as there has been continued interest in this site for a number of years.

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44 properties listed

Troys Estate Agency
23 Seale Street, St. Helier, Jersey JE2 3QG
Telephone: 01534 734488
www.troysjersey.com

Troys, a long-established Jersey Estate Agency, is proud to have been finding properties for islanders and overseas investors since 1948.

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