2 Hill Street – Prime Offices To Let – LET
LOCATION
2 Hill Street is located in the heart of St Helier, directly opposite The Town Church, Royal Square, Royal Court and States Chamber. Hill Street is St Helier’s traditional legal quarter, and the banking quarter of Library Place is a moments walk-away. St Helier’s prime office district of The Esplanade is nearby, as are the prime retail throughfares of King Street and Queen Street. We attach a location plan for reference purposes.
PRIME OFFICES TO LET
- 3,278 SQ.FT / 305 SQM (TOTAL)
- (or) – 1,744 SQ.FT / 162 SQM
- (or) – 1,216 SQ.FT / 113 SQM
DESCRIPTION
A highly-attractive, landmark property enjoying a prime, central location. Previously the headquarters of HSBC Bank PLC and recently refurbished to a high standard, 2 Hill Street is highly visible from the roadside benefitting from an ornate, dressed granite frontage.
Internally, the vacant ground floor is accessed via an impressive entrance lobby and provides well-specified space, fully fitted-out to a high-standard, Cat B, including a large boardroom, two separate director’s offices, fully fitted kitchen and staff area. To the rear is a volume of secure storage, staff facilities, showers and locker room.
As presented, the space potentially offers a complete, turn-key solution. Alternatively, occupiers may wish to undertake minor alterations to provide further cellularized space or otherwise, create a fully open plan work area.
- Part open plan / part cellularized layout.
- Suspended ceilings incorporating LED-lighting & comfort-cooling / heating.
- Raised access flooring.
- Dedicated male / female / disabled W.C. facilities and shower facilities.
- Fitted kitchen / staff area.
- 1 x large parking space.
ACCOMMODATION
The ground floor of 2 Hill Street is offered either as a complete floorplate or otherwise, in part, therefore providing three possible letting scenarios:
Scenario 1 (letting of whole):
Offices Atrium Stores
– 3,278 sq.ft / 305 sqm – 356 sq.ft / 33 sqm – 615 sq.ft / 57 sqm
Scenario 2 (letting of part):
Offices – 1,744 sq.ft / 162 sqm Stores – 191 sq.ft / 18 sqm
Scenario 3 (letting of part):
Offices – 1,216 sq.ft / 113 sqm Stores – 199 sq.ft / 19 sqm
AVAILABILITY
The Property is immediately available with full vacant possession.
LEASE TERMS
The ground floor of 2 Hill Street is available either as a complete floor plate, or in part in two letting scenarios. A new lease(s) is offered on effective full repairing and insuring terms, by way of a managed service charge, for a term of 9 years. The lease(s) will be subject to three yearly, upward only rent reviews in line with the Jersey Retail Price Index. Quoting rental in each of the three letting scenarios, based on the above-mentioned lease terms is as detailed below:
-
Scenario 1 (letting of whole):
Offices – 3278 sq.ft/305 sqm
Atrium – 356 sq.ft/33sqm
Stores – 615 sq.ft/57 sqm
Rental – £74,675 per annum* (office rate of £20.00 per sq.ft.) -
Scenario 2 (letting of part):
Offices – 1,744 sq.ft / 162 sqm
Stores – 191 sq.ft / 18 sqm
Rental – £45,000 per annum* (office rate of £25.00 per sq.ft.) -
Scenario 3 (letting of part):
Offices – 1,216 sq.ft / 113 sqm
Stores – 199 sq.ft / 19 sqm
Rental – £32,000 per annum* (office rate of £25.00 per sq.ft.)
*exclusive of all other outgoings and of GST as applicable.
LEGAL COSTS
Each party to bear their own legal costs and any other cost incurred in the letting of this property, whether or not a transaction completes.
