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Paragon House - Offices, St Helier

Paragon House - Offices

Description

Location, The property is located close to both of the St Helier’s Central Business District and prime retailing area on King Street. More specifically, the property is situated on the western side of Halkett Place adjacent to the Central Library., Public car parking is located a short distance to the east within Minden Place car park., We attach a site plan for identification reference purposes and the building straddles the roads between Halkett Place / Duhamel Place. Description, The premises consist of a two storey purpose built modern building with ground floor retail warehouse and offices on the first floor level., There is approximately 7 car parking spaces to the eastern elevation of the property and 13 further car spaces located in the ground floor garage. The garage has roller shutter doors to both elevations – Duhamel Place and Halkett Place., Wholesale Electrics Limited occupy the ground floor retail warehouse premises and benefit from the majority of the car parking on the eastern elevation., The first floor offices require refurbishment but generally include the following, - Dedicated ground floor entrance, - Suspended ceiling;, - Integral fluorescent lighting;, - Double glazing;, - Excellent natural light;, - Lift access;, - Male & female wc facilities;, - Secure garage car parking with up to 13 car spaces on site., The offices can also be accessed from Halkett Place and Duhamel Place. Accommodation, Ground floor is occupied by Wholesale Electrics Limited – area TBC., The first floor vacant offices comprise an NIA of approximately 10,136 sq.ft., Ground floor for secure garaging 13 cars., Site approx. 14, 434 sqft ( 1,341 sqm ). Tenure, The ground floor is currently let at a rental of £161,653 per annum with the lease terminating on 31st August 2026., The first floor offices are vacant and fully available., The ground floor garage was previously let on a licence to a corporate occupier at £33,000 per annum (13 car parking spaces at £3,000 pa each) Asking Price, The opportunity exists to acquire the freehold of this property,subject to the above noted lease, for a consideration of £3,000,000 exclusive of GST as applicable. Legal costs, Each party to bear their own legal costs and any other costs incurred in the purchase of this property. Viewing, Strictly by appointment with the Vendor’s sole agent., Nick Trower MRICS, Director – Commercial, www.broadlandsjersey.com, Guy Gothard FRICS, Director –, www.broadlandsjersey.com

Ref 7B94
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Sole agent This property is being marketed by a single agent only, as stated on the original listing.

Getting connected

Jersey has two residential broadband providers: JT — the island's own former state telecom, now Jersey's full-fibre network builder — and Sure, which completed absorbing Airtel-Vodafone's Channel Islands customer base in September 2025 (Airtel-Vodafone no longer trades as a separate operator here). Jersey's copper phone network is largely already history: JT finished building an island-wide fibre-to-the-home network back in July 2018 and has been retiring copper ever since — well ahead of Guernsey, where the equivalent copper switch-off was still under way through 2026. Always confirm actual coverage and switch-over status at this specific address directly with JT or Sure before assuming.

What would improving it be worth?

Modelled for this property in St Helier, 1,341 m² of known floor area. Adjust build quality or size for this property

Value added is the extra floor area priced at £7,019/m² — the midpoint asking price per m² among 143 St Helier properties currently for sale that publish a floor area. Cost uses £4,000–£6,000/m² new build and £2,000–£4,000/m² refurbishment, depending on quality. Net is against the mid rate. The last column is how often Jersey actually approves that kind of application.

The build-cost figures below are Guernsey's, not Jersey's

Unlike the value side of this table (priced from Jersey's own current asking prices), the £4k–6k new-build / £2k–4k refurbishment rates are carried across from guernseyproperties.gg, where they were supplied by that site's owner from local Guernsey experience — they have not been independently verified for Jersey, and construction costs plausibly differ between the islands. Treat the Cost and Net columns as an unverified placeholder until a Jersey-specific quantity surveyor's rate replaces them.

ImprovementValue it might addLikely costNetApproved
Add a bedroom (single-storey extension)
A modest double plus circulation, built new. ~14 m²
£98,261 £70,000
14 m² · mid spec new build
range £56,000–£84,000
+£28,261 86% (569)
Loft conversion with a bedroom
Works inside an existing roof, so it prices as refurbishment rather than new build — which is why it usually wins. ~20 m²
£140,373 £60,000
20 m² · mid spec refurb
range £40,000–£80,000
+£80,373 86% (84)
Two-storey extension
Roughly 14 m² on each of two floors. ~28 m²
£196,522 £140,000
28 m² · mid spec new build
range £112,000–£168,000
+£56,522 83% (193)
Garage, annexe or outbuilding
Detached space is worth less per m² than main-house floor area. ~18 m²
£75,801 £90,000
18 m² · mid spec new build
range £72,000–£108,000
−£14,199 82% (216)
Read this as an order of magnitude, not a promise

Two things it cannot see. First, it prices floor area at the local average rate — it doesn't know your plot, your roof, your outlook, or whether an extension is physically possible; nor whether your street has a ceiling price that no amount of extending beats. Second, the rate comes from asking prices of other properties currently for sale that state a floor area — a minority of Jersey's live stock, so treat the sample sizes shown as real limits, not decoration.

The obvious alternative method is worse, which is why it isn't used here: comparing a typical 3-bed with a typical 4-bed suggests a bedroom is worth far more than it actually is — a bigger bed-count usually means a bigger house on a bigger plot, so that figure measures the mix of what's for sale, not the value of adding a room.

Before spending anything, get a builder's quote and talk to an architect — the type-of-work approval rates show how often that kind of application actually succeeds.

Sale history

No prior sale found in the Jersey property register for this address.

Planning history

No planning application found in the last 3 years for this address.

Estimate the cost of work you're considering

No live planning permission is on file for this address, so there's nothing to price directly — pick the kind of work you're weighing up instead, using the same cost ranges this site applies to real Jersey planning applications.

Likely cost

How this is calculated

The work type shown is inferred automatically from the wording of the planning application's own description — it isn't stated by the applicant. The base cost range comes from published UK national renovation/build-cost guides for that type of project, and a ~25% uplift has been added to reflect higher shipping/import and skilled-labour costs in the Channel Islands — this is an estimate, not a published index. These figures are indicative only, not a quote: actual cost depends on specification, finish, ground conditions and the contractor. For anything serious, get a quote from a local quantity surveyor or builder.

See the 27 architects, structural engineers and builders working in Jersey. This can't be narrowed to firms who've filed nearby this property or this parish — Jersey's planning register carries no applicant, agent or architect field to match against (see the professionals directory).

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