8, 10, 12 & 42 Commercial Arcade, St Peter Port, GY1 | Property for sale | Savills
4,848 sq ft(450.39 sq m)
Excess of £900,000

8, 10, 12 & 42 Commercial ArcadeSt Peter Port, GY1

  • Freehold
Investment
4,848 sq ft (450.39 sq m)

Key features

  • Large mixed use building over 5 floors
  • Approximately 4,848 sq ft in total
  • Development opportunity
  • Offers above £1,000,000 invited

8, 10, 12 & 42 Commercial Arcade is a substantial mixed use property located in the heart of the Arcade, St Peter Port.

About this property

  • Description
    8, 10, 12 & 42 comprise a ground floor retail unit with basement stores. The first, second and third floors were previously used as ancillary offices and storage.

    The building is currently vacant and is in need of modernisation.

    There is planning permission in place to remove two partitions on the ground floor to create an open plan area. Permission has been granted to convert the upper floors into four residential flats with separate access. This permission retains the ground floor retail unit utilising the basement as an ancillary retail space.

    There is a pending planning application to put a fifth residential unit on the third floor. Plans available on request.

    For further details please see our brochure.

    Viewings
    By appointment with Savills Commercial.

Local information

  • The property is situated in the Commercial Arcade, in the heart of St Peter Port's town centre. This is adjacent to the Market Square and just off the High Street.