Quick ways in Under £500k£500k–£1M£1M+ 2+ beds3+ beds4+ beds Open marketLocal market

5 Gloucester Street, St. Helier, St Helier

5 Gloucester Street, St. Helier

Description

Le Rossignol Estates are delighted to present this rare share transfer opportunity combining a prominent commercial premises with spacious residential accommodation above. Currently home to the renowned Aaron’s Bikes, this versatile property presents an exciting opportunity for owner-occupiers, investors, or business owners seeking both a business premises and an on-site home. The ground floor features a prominent retail shop front facing busy Gloucester Street, benefitting from excellent footfall and visibility. The space includes a main shop floor, WC, storage area, and rear workshop — ideal for a variety of retail or service-based uses. Above, the two-storey maisonette offers generous residential living. The first floor includes a large living room, eat-in kitchen, utility room, patio terrace, and a spacious primary bedroom with an adjoining bathroom. The top floor provides two further bedrooms and an additional house bathroom, with one bedroom currently used as an extra family room, offering flexibility for modern living. Whether you’re looking to run a family business from home, secure a high-yield rental investment, or develop a mixed-use property in one of St. Helier’s most central locations, this is a truly unique opportunity. Viewings are highly recommended to appreciate the space, versatility, and potential this property has to offer.

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Not marked as sole agency on the original listing, so this property may also be marketed by other agents not captured in this data.

What would this cost to buy?

A live estimate, not a quote — change any figure below and everything recalculates immediately. Stamp duty / Land Transaction Tax uses Jersey's own standard-residence bands (see buying property in Jersey for the full table and how share-transfer property differs); the mortgage side is a standard capital-and-interest repayment calculation, not an offer from any lender.

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. Adjust build quality or size for this property

Value added is the extra floor area priced at £6,818/m² — the midpoint asking price per m² among 219 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
£95,455 £70,000
14 m² · mid spec new build
range £56,000–£84,000
+£25,455 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
£136,364 £60,000
20 m² · mid spec refurb
range £40,000–£80,000
+£76,364 86% (84)
Two-storey extension
Roughly 14 m² on each of two floors. ~28 m²
£190,909 £140,000
28 m² · mid spec new build
range £112,000–£168,000
+£50,909 83% (193)
Garage, annexe or outbuilding
Detached space is worth less per m² than main-house floor area. ~18 m²
£73,636 £90,000
18 m² · mid spec new build
range £72,000–£108,000
−£16,364 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

Sale datePriceAddress on register
2024-02-09£1,250,00025 Gloucester Street, Canton de Haut de la Vingtaine de ..., St. Helier

Matched by house name/street and parish against the Places.je property transaction register — not a unique-ID lookup, so a shared house name could span more than one property.

All 28 recorded sales on Gloucester Street

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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