36 Commercial Arcade, St. Peter Port, Guernsey, GY1 1LB | Property for sale | Savills
1,402 sq ft
Offers in the region of £450,000(€513,095)

36 Commercial ArcadeSt. Peter Port, Guernsey, GY1 1LB

  • Freehold
Investment
1,402 sq ft

Key features

  • Arranged over basement, ground and three upper floors
  • A total of approximately 1,400 sq ft
  • Currently occupied by a long standing tenant but could be offered with vacant possession
  • Passing rent £24,000 p.a.
  • Offers in the region of £450,000 for the freehold interest

An opportunity to acquire a retail premises in the heart of the Commercial Arcade.

About this property

  • Description
    A commercial investment opportunity in the heart of the Commercial Arcade in St Peter Port, Guernsey. The property comprises retail arranged over the ground floor with basement storage. We understand the upper parts comprise Local Market residential accommodation but purchaser's should make their own enquiries with the Planning Authority to confirm existing Use Class information.

    Providing a total of approximately 1,400 sq ft of internal accommodation, the property is of a good size and has potential to be reconfigured to create an independent residential unit over upper floors, whilst retaining retail on the ground and basement levels.

    We also understand that the property can be offered with full vacant possession of the new owner wishes to occupy the space for their own purpose.

Local information

  • Located in the heart of the Commercial Arcade, neighbouring occupiers include Dix Neuf, Mappin & Webb, HSBC and Fletcher Sports.