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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
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
- Kitchen
- Demised WC facilities
- Suspended Ceilings
- Air Conditioning
- Raised Floor System
Space Availability
- Space
- Size
- Space Use
- Fit-Out
- Available
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 | Fit-Out | Available |
| 1st Floor | 5,566 sq ft | Office | Partial Fit-Out | Now |
1st Floor
| Size |
| 5,566 sq ft |
| Space Use |
| Office |
| Fit-Out |
| Partial Fit-Out |
| Available |
| Now |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1st Floor
| Size | 5,566 sq ft |
| Space Use | Office |
| Fit-Out | Partial Fit-Out |
| Available | Now |
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.
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1 of 3
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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2 Hill St
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