| TO LET - LET 1 Cornet Street, St. Peter Port, Guernsey OFFICE ACCOMMODATION
Location and Description These newly refurbished offices are located at the lower end of Cornet Street, only a very short walk from the High Street. The property comprises ground and four upper floors offering stunning sea views across Guernsey’s picturesque harbour and neighbouring Islands. Short-term on-street parking is available in Cornet Street and the premises are only a few minutes walk from St Peter Port’s long-term car parks. The offices are newly refurbished and will be presented with carpets, electric heating, and IT/telecommunication cabling (including satellite cabling to all floors). A phone-entry system will be available to each floor thus enabling easy entry for visitors. A lift services the Ground to Third Floor inclusive. Accomodation The property is available as a whole or on a floor by floor basis as follows:-
Ground and First Floor: The Ground and First Floors are available together offering two individual offices on the Ground Floor and two individual offices on the First Floor. A kitchenette and WC facilities are located on the First Floor and a single WC on the Ground Floor. Second Floor: The Second Floor offers two individual offices, a kitchenette and WC facilities. Third Floor: The Third Floor offers two individual offices, a kitchenette and WC facilities. Fourth Floor: A one bedroom Local Market Flat is located on the Fourth Floor. The Opportunity As previously mentioned the property is available as a whole (including the Local Market flat) or on a floor by floor basis as described above. The Landlord will also consider offering combinations of the floors such as the Ground, First and Second Floors together or the Second and Third Floors together. Lease Terms The property is offered by way of a new Internal Repairing and Insuring lease for a flexible term (minimum 6 years). Rent Ground and First Floors: £16,500 per annum Second Floor: £15,000 per annum Third Floor: £16,500 per annum Fourth Floor (Local Market flat) £12,000 per annum Should the head lease for the entire property be required, the Landlord would be prepared to offer property at a commencing rental of £52,000 per annum on FRI terms. The rent will be reviewed every three years based on the higher of Market Value or Guernsey RPI. The rent will be payable quarterly in advance on the usual quarter days. In addition to the rent, a service charge will be payable for building insurance, water rates, lift maintenance, fire alarm system, maintenance and cleaning of the common areas. Availability The property is available from June 2009. Legal Costs Viewing Swoffers Commercial Contact: Jonathan Harris or Jo Stoddart SUBJECT TO CONTRACT
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