Jersey Evening Post Site, Five Oaks, St Helier, Jersey

KEY HIGHLIGHTS

• Redevelopment opportunity located in an excellent, high profile, out of town position.

• Office premises totalling 27,413 sq.ft (2,546.8 sq.m), with 142 car parking spaces. Total site area of 2.1 acres (0.85 ha)

• The property is located within the Built-up area as designated by the Jersey Island Plan

• Freehold

• The property is to be sold by way of an informal tender process

LOCATION

The site is situated on La Grande Route de St Martin approximately 2 miles north east of the centre of St Helier. More specifically the site is situated a short distance north east of the Five Oaks roundabout which forms the junctions of St Saviours Hill, La Route de la Bagatelle and Prince’s Tower Road. The property is situated on the western side of the road in the commercial area of Five Oaks. The surrounding area is predominantly commercial, including Jersey Telecoms adjacent, as well as Normans builders merchant nearby. There is however small pockets of housing in the vicinity. Road communications are excellent, as is the bus service into town.

TENURE

The Property is owned freehold. A right of way in favour of the owner of the Jersey Telecoms site exists over part of the southern boundary of the site.

THE PROPERTY

The site will be sold with vacant possession. It is highly prominent and regular in shape extending to approximately 2.1 acres.Vehicular access and egress is from La Grande Route de St Martin with a perimeter service road surrounding the main building.Until very recently Jersey Evening Post occupied the buildings on the site, and these are made up of four distinct elements, being offices constructed in the 1970’s and 1980’s, the press hall and distribution shed.

VAT

VAT is not levied in Jersey, however, a Goods and Services Tax (GST) may be applicable. All figures quoted in this brochure are exclusive of GST and we would recommend that any prospective purchasers make their own enquiries in this regard.

LEGAL COSTS

Each party to bear their own legal costs and any other cost incurred in the purchase of this Property.