TO LET
RETAIL UNIT - SMITH STREET,
St. Peter Port, Guernsey

RENTAL: £41,500 per annum

PRIME POSITION RETAIL SHOP

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Summary

  • Prime location at the junction of Smith Street, Le Pollet and High Street
  • 636 sq.ft ground floor (retail plus WC & kitchen)with 175 sq.ft basement storage
  • Assignment of current lease which expires on 5th June 2015
  • No ingoing
  • Rent: £41,500 per annum

Location
This is a rare opportunity to lease a superbly located retail shop in the heart of Guernsey’s busy shopping area.  Le Riches House is located opposite Lloyds TSB, diagonally opposite Boots and sits between Claire’s Accessories and Au Caprice.

Other retailers located within the near vicinity include Marks & Spencer, Jessops, Next, Accessorize and The Press Shop.  This unit is highly visible to all pedestrians and with its double-frontage, there is a good sized window display area.

Description
The premises offer approximately 500 sq.ft of retail area on the Ground Floor plus staff kitchenette and 2 WCs with an additional 175 sq.ft storage space in the basement.

The shop is currently used as a clothing retailer and offers a highly visible double fronted window display. 

The shop is fitted out with wooden flooring, attractive concealed and spot-lighting, as well as stylish fixtures, most of which will be left by the out-going tenant.  To the rear of the Ground Floor sales area a spacious mirrored changing area has been laid out. 

Concrete steps lead down to a very clean and dry basement storage area.

Lease
The premises are available by means of an assignment of the current Internal Repairing and Insuring lease which expires on 5 June 2015.   However, it may be possible to negotiate a new lease should a longer term be required.

Rent
The passing rental is £41,500.00 per annum payable quarterly in advance on usual quarter days.  The rental is subject to 3 yearly rent reviews based on Market Value.  The next rent review is due in June 2012.

Availability
The premises can be available as soon as possible to suit an in-coming assignee.

Legal Costs
Each party to bear their own legal costs.

Viewing
Strictly by appointment with the Lessor's Sole Agent:

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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Retail and Commercial
Smith Street Retail Unit