LOCATION

The property is situated on The Esplanade, Jersey’s prime financial business district office location. The property occupies a prominent position at the junction of The Esplanade and Gloucester Street with uninterrupted views across the Waterfront and extended views to Elizabeth Castle and St Aubin. The property is approximately five minutes walking distance from the principal retail district of King Street / Queen Street. It also benefits from being within two minutes walking distance of Patriotic Street multi-storey car park.

DESCRIPTION

The property comprises a prominent office building arranged on ground and four upper floors with a basement car park accessed from Gloucester Street. Internally, the 2nd floor office suite benefits from the following specification:

• Excellent natural lighting

• Suspended ceilings with integral LED lighting

• Comfort cooling /heating system

• Raised access floors

• Fibre optic connectivity

• Large boardroom and multiple meeting rooms / offices

• Separate male, female, disabled WCs & shower facilities

• Lift access

• Secure underground parking available by separate negotiation

ACCOMMODATION

The suite which is located on the 2nd floor and has been measured in accordance with RICS measuring standards and provides the following area:

• 2nd floor East offices - 1,475 sq ft / 137 sq m

Secure underground parking (6x spaces) is available by way of separate negotiation.

AVAILABILITY

The 2nd floor of Kingsgate House are available for occupation immediately upon completion of the landlord's refurbishment works.

LEASE TERMS

The Landlord is seeking a new, 9-year FRI lease by way of managed service charge. Market based incentives / more flexible lease terms are available by negotiation.

RENTAL

The offices are offered at a highly-competitive quoting rental of £29.50 per sq.ft. and car parking at £4,000 per space, exclusive of all other outgoings and of GST as applicable.

LEGAL COSTS

Each party to bear their own legal costs and any other cost incurred in the letting of this property, whether or not a transaction completes.