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Ingouville Lane - Ingouville House 922 sq ft Retail Unit Offered at £575,000 in Jersey JE2 4SG

INVESTMENT HIGHLIGHTS
- Town centre location
- Public car park nearby
- Neighboured by amenities
EXECUTIVE SUMMARY
Ingouville House benefits from a superb central location, immediately adjacent to the newly completed commercial / residential development Ann Court. The Arts Centre is directly opposite. A short walk away are the established retail areas of Beresford Street, Queen Street and King Street.
PROPERTY FACTS
| Total Property Size | 29,812 sq ft | Floors | 5 |
| Property Type | Build-to-Rent (Unit) | Typical Floor Size | 184 sq ft |
| Property Subtype | Apartment | Year Built | 2024 |
| Costar Property Class | B | Total Plot Size | 0.07 ac |
| Total Property Size | 29,812 sq ft |
| Property Type | Build-to-Rent (Unit) |
| Property Subtype | Apartment |
| Costar Property Class | B |
| Floors | 5 |
| Typical Floor Size | 184 sq ft |
| Year Built | 2024 |
| Total Plot Size | 0.07 ac |
1 UNIT AVAILABLE
Unit Unit 2
| Unit Size | 922 sq ft | Sale Type | Investment or Owner Occupier |
| Price | £575,000 | Tenure | Freehold |
| Price Per sq ft | £623.64 | Net Initial Yield | 6.96% |
| Unit Use | Retail | NOI | £40,000 |
| Unit Size | 922 sq ft |
| Price | £575,000 |
| Price Per sq ft | £623.64 |
| Unit Use | Retail |
| Sale Type | Investment or Owner Occupier |
| Tenure | Freehold |
| Net Initial Yield | 6.96% |
| NOI | £40,000 |
DESCRIPTION
Ingouville House is a newly developed, imposing and highly-attractive commercial / residential development fronting onto Ingouville Lane, Phillips Street and Providence Street.
The available ground floor retail / food & beverage space forms the whole off the lettable ground floor with an impressive return-frontage to the north, east and west. A large alfresco area to the north and east elevations – licensed from the Parish of St Helier - supplements the internal space.
SALE NOTES
The freehold interest in the property is available to purchase at £575,000 exclusive of GST as applicable.
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Ingouville Lane - Ingouville House
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