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CTV House, Le Pouquelaye, St Helier, Jersey

Office Investment

Offers in excess of £ 5,500,000


CTV House, Le Pouquelaye

Total Area: 32,072 ft2

About this property

Office Investment Yielding 8.5% underpinned by High Residual Land Value – St Helier, Jersey.

Key highlights include:

  • Standalone office investment, located in an excellent out of town position, offering ample car parking, low rents and a high residual land value.
  • Total area comprising 32,072 sq.ft (2,979.59 sq.m), with 139 car parking spaces, offering a generous car parking ratio of 1 space per 230 sq ft.Total site area of 2.16 acres (0.87 ha).
  • Significant asset management opportunities with future residential development potential (subject to planning).
  • Multi let to tenants including Lloyds Bank International Ltd, Jersey Electricity PLC and Amalgamated Facilities Management Ltd.
  • Rents at a significant discount to town centre offices and subject to JRPI increase.
  • Offers in excess of £5,500,000 exclusive of GST (if applicable). A purchase at this level reflects a net initial yield of 8.5% assuming purchaser’s costs of 1.5%.
  • This price reflects only £171 per sq.ft.

Should you require further information, please contact Phil Dawes (01534 716 230) or Nick Trower (01534 716 233).


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