Le Foulon Business Centre Le Foulon, St Peter Port £595,000

Location
Le Foulon Business Centre takes access from Le Foulon, just off Rohais on the left hand side. Surrounding properties a mix of commercial and residential occupiers.

Description
The business centre comprises four units arranged a ground and lower ground floor level due to the sloping nature of the site.

Unit 1
Tenant: Dream Team
Approx NIA (sq.ft): 530
Approx NIA (sq.m): 49
Parking: 2 clear spaces, 2 restricted spaces

Unit 2
Tenant: C I Adjusters
Approx NIA (sq.ft): 600
Approx NIA (sq.m): 56
Parking: 5 clear spaces

Unit 3
Tenant: Guernsey Aesthetic
Approx NIA (sq.ft): 800
Approx NIA (sq.m): 74
Parking: 4 clear spaces

Unit 4
Tenant: Joys
Approx NIA (sq.ft): 335
Approx NIA (sq.m): 31
Parking: 4 clear spaces

Lease Details
The property is currently let to four tenants as follows:

Unit 1
Tenant: Dream Team
Lease Expiry: 30/09/2027
Rent Review: 01/10/2025

Unit 2
Tenant: C I Adjusters
Lease Expiry: 31/01/2025
Rent Review: N/A

Unit 3
Tenant: Guernsey Aesthetic
Lease Expiry: 31/12/2024
Rent Review: N/A
Comments: 2 year extension to the existing term currently under negotiation.

Unit 4
Tenant: Joys
Lease Expiry: 30/09/2025
Rent Review: 01/10/2025

Total rent passing £40,900 per annum.

All lease agreements are on an internal repairing and insuring basis. Costs recoverable by the landlord include TRP, buildings insurance, rates, communal water and cleaning.

Tenure
Freehold

Legal Costs
Each party to bear their own legal costs.

Service Charges
The tenants are charged for the maintenance of the common parts, further details available on request.

Asking Price
Offers are invited in the region of £595,000 for the Freehold interest in the property.

Viewings
Please call Lisa Collins or Mike Collins on 244244 or email This email address is being protected from spambots. You need JavaScript enabled to view it. / This email address is being protected from spambots. You need JavaScript enabled to view it.
Please call Matt Birch on 07839 111013 or email This email address is being protected from spambots. You need JavaScript enabled to view it.