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1 The Bridge - Orion House 1,081 sq ft Retail Unit Offered at £550,000 in Guernsey GY3 5TD
Investment Highlights
- Prominent Business Location
- High Ceilings
- Solid Transport Links
Executive Summary
The property comprises a building of masonry construction providing ground floor retail accommodation. The property is located in the centre of The Bridge, St Sampson in Guernsey.
1 Unit Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Investment | Tenure | Freehold |
| Sale Type | Investment |
| Tenure | Freehold |
Description
The units are let on commercial, internal repairing and insuring terms with the shop tenants responsible for their own shop fronts. The total income from the two shops currently amounts to £40,724 p.a. subject to rent reviews. There are rent reviews due in September 2025 and August 2026 to the greater of market rent or GRPI, so it is anticipated that this total rent will increase at review.
Sale Notes
Two leased ground floor commercial units in Orion House are available to purchase, in the heart of The Bridge. With its corner position and views over the harbour, it is one of The Bridge's more prominent retailing positions.
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit Units 1&2 | 1,081 sq ft | Retail | £550,000 (£508.79/sq ft) | - |
Unit Units 1&2
| Unit Size |
| 1,081 sq ft |
| Unit Use |
| Retail |
| Price |
| £550,000 (£508.79/sq ft) |
| NOI |
| - |
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Street
Map
Unit Units 1&2
| Unit Size | 1,081 sq ft |
| Unit Use | Retail |
| Price | £550,000 (£508.79/sq ft) |
| NOI | - |
| Sale Type | Investment |
| Tenure | Freehold |
| Description | |
| The units are let on commercial, internal repairing and insuring terms with the shop tenants responsible for their own shop fronts. The total income from the two shops currently amounts to £40,724 p.a. subject to rent reviews. There are rent reviews due in September 2025 and August 2026 to the greater of market rent or GRPI, so it is anticipated that this total rent will increase at review.</li></ul> | |
| Sale Notes | |
| Two leased ground floor commercial units in Orion House are available to purchase, in the heart of The Bridge. With its corner position and views over the harbour, it is one of The Bridge's more prominent retailing positions.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 3,164 sq ft | Floors | 2 |
| Property Type | Build-to-Rent (Unit) | Typical Floor Size | 750 sq ft |
| Property Subtype | Apartment | Year Built | 1890 |
| Costar Property Class | B | Total Plot Size | 0.09 ac |
| Total Property Size | 3,164 sq ft |
| Property Type | Build-to-Rent (Unit) |
| Property Subtype | Apartment |
| Costar Property Class | B |
| Floors | 2 |
| Typical Floor Size | 750 sq ft |
| Year Built | 1890 |
| Total Plot Size | 0.09 ac |
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1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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1 The Bridge - Orion House
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