FOR SALE - JOINT SOLE AGENT
Old Bank Chambers
Grande Rue,
St. Martin's, Guernsey

This is an exceptional opportunity to purchase self-contained office accomodation in an excellent location with ample car-parking.

Reduced Price:

Offers in excess of £650,000

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Location
The property is prominently positioned on La Grande Rue in St Martin’s, on the intersection of La Grande Rue and Rue Maze in the heart of St Martin’s Village.  As such it lies directly opposite the Community Centre and La Croix Guerin Café, in the centre of a varied selection of businesses including several office buildings, banks, retail units, supermarkets, petrol stations, as well as the newly developed Community Centre.

Other occupiers in the vicinity include Marks & Spencer’s Simply Food, Lloyds TSB, NatWest Bank, Ogier’s, Checkers Express and the Co-op Grande Marche.

The Property
The property itself currently offers single storey office accommodation arranged over a total area of approximately 1,700 sq.ft. The offices are largely open plan with a separate director’s office as well as ample storage space including a vault, separate filing room plus kitchen and WCs.

In addition, the property benefits from approximately 8 car parking spaces situated to the rear which are accessed directly from La Grande Rue. Additional long stay parking is available just a few minutes walk away.

Future Development
Plans have previously been approved to redevelop the property to provide additional accommodation on the first floor, creating a total of circa 3,200 sq ft over two levels.  Copies of the proposed plans are available upon request.

There may also be options to change the use of the property to include a retailing element on the ground floor with office accommodation above, subject to obtaining relevant consents. 

The Opportunity
Old Bank Chambers will suit owner-occupiers and investors alike and presents a rare opportunity for owner-occupiers to purchase their own premises or for investors to purchase a development/refurbishment project in a highly sought after out-of-town location. 

Price
The freehold interest of the property is available for £650,000 (six hundred and fifty thousand pounds).

The property can also be purchased by way of a single asset Guernsey company which will save on stamp duty. Details are available upon request.

Availablility
The property will be available from April 2010 (subject to vacant possession).

Legal Costs

Each party to bear their own legal costs.

Viewing
Strictly by appointment with the Lessor's Joint Sole Agents;

Swoffers Commercial
Estate House
Ann's Place
St Peter Port
Guernsey
GY1 2NU

Contact: Jonathan Harris or Jo Stoddart
Telephone: 01481 722151
Email: jharris@swofferscommercial.co.uk or jstoddart@swofferscommercial.co.uk

SUBJECT TO CONTRACT
Swoffers Commercial for themselves and for the vendor(s) or lessor(s) of this property whose agent they are give notice that:

  1. These particulars do not constitute, nor constitute any part of, an offer or contract.
  2. None of the statements contained in these particulars as to the property are to be relied on as statements or representations of fact.
  3. Any intending purchaser or lessee must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
  4. The vendor(s) or lessor(s) do not make or give and neither Swoffers Commercial nor any person in their employment has any authority to make or give, any representation or warranty whatever in relation to this property
  5. These details are believed to be correct at the time of compilation but may be subject to subsequent amendment
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Old Bank Chambers