Prime multi-let office investment

The building occupies a prime position in St Helier’s primary office location and adjacent to the International Finance Centre. The self-contained and highly specified building provides 59,709 sq ft of Grade A office accommodation arranged over ground and four upper floors. 36 secure basement parking spaces. Fully let to five tenants providing a strong and diverse income profile. Attractive WAULT of 5.4 years to expiry with genuine potential to enhance the WAULT through asset management initiatives. The average office rent at £28.00 per sq ft is at a 30% discount to the levels being achieved at the adjacent International Finance Centre providing a platform for future rental growth.