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2 Hill St 17,149 sq ft 68% Let Office Property Jersey JE2 4UA £5,125,000 (£298.85/sq ft) 8.14% Net Initial Yield

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EXECUTIVE SUMMARY

The opportunity exists to acquire the freehold interest in 2 Hill Street, subject to existing detailed leases herein, for a consideration of £5,215,000 exclusive of GST as applicable reflecting a NET Initial Yield of 8.00%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Property Size
17,149 sq ft
Costar Property Class
B
Year Built
1985
Price
£5,125,000
Price per sq ft
£298.85
Yield
8.14%
NOI
£417,200
Occupancy Rate
68%
Tenancy
Multiple
Number of Floors
4
Typical Floor Size
4,287 sq ft
Plot ratio
0.50
Total Plot Size
0.79 ac

AMENITIES

  • Raised Floor
  • Kitchen
  • Demised WC facilities
  • Suspended Ceilings
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 5,566 sq ft
  • Office
  • Partial Fit-Out
  • Apr 2026

The 1 st floor offices within 2 Hill Street are available for occupation from 01st April 2026 at a rental of £166,980 per annum based on a 9-year FRI lease via area-linked service charge.

Space Size Space Use Condition Available
1st Floor 5,566 sq ft Office Partial Fit-Out Apr 2026

1st Floor

Size
5,566 sq ft
Space Use
Office
Condition
Partial Fit-Out
Available
Apr 2026

1st Floor

Size 5,566 sq ft
Space Use Office
Condition Partial Fit-Out
Available Apr 2026

The 1 st floor offices within 2 Hill Street are available for occupation from 01st April 2026 at a rental of £166,980 per annum based on a 9-year FRI lease via area-linked service charge.

  • Listing ID: 37040645

  • Date on Market: 31/07/2025

  • Last Updated:

  • Address: 2 Hill St, Jersey JE2 4UA

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