Property V2
LOCATION
Cyril Le Marquand Court is located north of St Helier town centre, close to the Millennium Town Park, Minden Place Public car park and the new Premier Inn Hotel and wider Le Masurier “Merchant’s Square” residential and commercial development on Bath Street. The Arts Centre is immediately adjacent and the main commercial centre of St Helier is approximately a 5-minute walk away. We attach a location plan for reference purposes.
DESCRIPTION
Cyril Le Marquand Court is currently under development by Andium Homes and once complete, will provide a new, landmark development in the centre of town comprising 130 x 1-bedroom apartments, 35 x 2-bedroom apartments, 4 x commercial units, a volume of residents and Public parking and various Public promenades. The 4 x commercial units will be provided within Blocks A, D & E of the development and will face onto Providence Street, towards the Arts Centre and Bath Street. Each unit is offered in shell and core condition, ready for tenant fitout.
ACCOMMODATION
The 4 x commercial units may be adopted as retail or office accommodation and provide the following approximate Gross Internal Areas:
- Unit 1–Block D – 1,327 sq.ft / 123.24sqm
AVAILABILITY
All units are expected to be available for fitout and occupation from 01st April 2023.
LEASE TERMS
Each unit is offered by way of a new 9-year lease on effective full repairing and insuring terms, by way of a managed service charge. Leases will be subject to three yearly, upward only rent reviews in line with the Jersey Retail Price Index. Quoting rentals are as detailed below:
- Unit 1 – £26,540 per annum*
*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, whether or not a transaction completes.
APPLICATION, FURTHER INFORMATION & VIEWING
VIEWING
By contacting Lucy Schooling MRICS at Quérée Property Consultants Ltd on 630660 (T) or 07797 913049 (M).
