Commercial Property in GY1 available for sale
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Commercial Properties for Sale in the GY1, Guernsey

Explore the Latest GY1 Commercial Property for Sale

More details for 18 Les Bordage, Guernsey - Office for Sale

18 Les Bordage

Guernsey, GY1 1DE

  • Office for Sale
  • £750,000
  • 1,400 sq ft
  • Kitchen

Guernsey Office for Sale

The property is located on the Bordage next to Tower Hill steps. This is a busy area with other occupiers in the vicinity being; Skipton Financial Services, Creasey’s Toy Shop, the Co-Op and many other smaller shops and offices. The premises comprise approximately 1,400 square feet of commercial space over three floors. The ground floor is open plan and used as a sports bar, measuring 650 sq ft and offers good window frontage. The first floor measures 546 sq ft and is used as a Barbers with a waiting area and cutting area with five cutting stations. The third floor which measures 204 sq ft has a ladies and gents toilet area. On the floors above there is a three bedroom flat spread out over three floors. Access is via Tower Hill steps. The flat comprises an open plan lounge/diner with windows to both the front and back. Stairs to the first floor lead to a fully fitted kitchen comprising a 1 1/2 bowl single drainer sink unit, an electric oven and hob with extractor hood over and space for a washer/dryer. From the landing there is access to a bathroom which comprises a three piece suite of corner bath with shower, wash hand basin and WC, plus bedroom one. There are two further bedrooms in the attic. At the rear of the first floor in the Barbers, there is a staircase to a store room and outside door with access to Tower Hill steps. The area could be developed into an independent flat subject to planning consent. The Bar and Barbers are let on a 6 year lease with a break at year 3. The income is £35,668.80 per annum subject to 3 yearly GRPI rent increases. The next review is due in October 2028. The residential flat has been let for many years to the same tenant; they are on a six year lease and currently pay £20,580 per annum. Rent increases are GRPI yearly. The total rent is £56,249, which is a 7.5% gross yield. There is the potential to develop the rear area of the property into a residential unit subject to planning consent.

Contact:

Rock Commercial Property Agents

Date on Market:

06/01/2026

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More details for The Albany, Guernsey - Retail for Sale

Picquet House - The Albany

Guernsey, GY1 1AF

  • Retail for Sale
  • £800,000
  • 2,330 sq ft
See More
More details for 7 Commercial Arcade, Guernsey - Retail for Sale

7 Commercial Arcade

Guernsey, GY1 1LA

  • Retail for Sale
  • 1,149 sq ft
See More
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FAQs about Commercial Properties For Sale in GY1

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How many Commercial Property listings are available for sale in GY1?
There are currently 5 Commercial Properties available for sale near GY1. These GY1 Commercial Property listings have an average size of. The largest available listing in GY1 is. The thriving commercial centre and excellent transport links in GY1 make it an ideal location for businesses to find suitable Commercial Property for sale.
What factors could affect the prices of Commercial Properties in GY1?
Several factors can impact the price of Commercial Properties, including the size and location of the property, its net initial yield, and the amenities it offers. Prices in GY1 currently range from to per square foot. While the average net initial yield for Commercial Properties is.
What other types of commercial property are available for sale in GY1?
There is a diverse range of commercial properties available in GY1 to suit various business needs. GY1 offers office buildings, retail units and shops, and industrial units & warehouses, catering to a variety of sectors and industries. With a total of 5 GY1 commercial property listings in the area, potential owners can find suitable options that meet their requirements.
What are the advantages of investing in commercial property in the UK?
Commercial property investment can provide long-term income through leases, capital appreciation, and portfolio diversification. Compared to residential property, commercial leases are often longer and place more responsibility on tenants for repairs and maintenance.
What is a net initial yield and why is it important?
Net initial yield is the annual rental income expressed as a percentage of the purchase price (after acquisition costs). It’s a key measure used by investors to compare return on investment across different commercial properties.
Do I need a commercial mortgage to invest?
Many investors use commercial mortgages to finance purchases. Lenders typically require a larger deposit than for residential property (often 25–40%) and will assess the property’s rental income and condition as part of the loan application.
What should I look for when doing due diligence?
Due diligence includes reviewing lease terms, tenant strength, service charges, planning permissions, condition reports, and title deeds. A commercial solicitor and surveyor are strongly recommended before purchase.
What are the risks of investing in commercial property?
Risks include void periods (no rental income), tenant default, maintenance liabilities, and changes in market conditions or planning regulations. Mitigating these requires proper property management and lease structuring.
Can overseas investors buy commercial property in the UK?
Yes, the UK market is open to international investors. However, you may need a UK-based legal representative and must comply with HMRC tax obligations, including stamp duty and possible capital gains tax on disposal.

Discover More Commercial Properties for Sale in the GY1, Guernsey

You searched for commercial property for sale in GY1. Explore 5 listings from top commercial agents on LoopNet. Whether you're looking for investment properties to expand your portfolio, establish a new venture, or secure a prime location, LoopNet offers a diverse range of opportunities to meet your goals. Each listing provides detailed information on property features, size, pricing, and high-quality floor plans and photos. With the most extensive inventory of commercial properties worldwide, LoopNet is your trusted partner in finding the perfect commercial property for investment.

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