Retail Investment – St Saviour
Description
LOCATION The property is located in the Parish of St Saviour, on the south side of Princes Tower Road, close to the Five-Oaks roundabout and directly opposite Morrisons supermarket / petrol station. We attach a location plan for identification purposes. DESCRIPTION The property, which forms the ground floor only, benefits from a prominent, glazed-frontage onto Princes Tower Road incorporating a ramped pedestrian access which provides access for disabled persons. Internally, the property provides mainly open-plan retail space – currently adopted by William Hill Bookmakers as a betting office – with customer counter to the rear and ancillary space providing staff office, staff W.C., kitchenette and disabled customer W.C. The space is fitted out to a good standard providing suspended ceiling, fluorescent lighting and comfort cooling / heating. ACCOMODATION The Net Internal Area of the property is as follows: Retail Sales – 781 Sq.Ft / 72.56 Sqm Ancillary – 123 Sq.Ft / 6.10 Sqm TENURE/LEASE TERMS The Property is subject to a 20-year Full Repairing & Insuring lease commencing 22/03/24, terminating 21/03/44 (subject to tenant break options at the expiry of years 10 & 15) to “B J O’Connor Ltd”; guaranteed by “William Hill Organization Ltd”. The passing rent is £23,000 P/A; subject to upward-only rent reviews 3-yearly, in line with the JRPI (subject to a cap on any increase of 10.00%). OPPORTUNITY The opportunity exists to acquire the Property by way of flying-freehold, subject to the above noted lease, for a consideration of £315,000 exclusive of GST as applicable. A sale at this level would reflect a Gross Yield of 7.30%. 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. VI…
Not marked as sole agency on the original listing, so this property may also be marketed by other agents not captured in this data.
Nearby
- PubFive Oaks Pub0.63 mi · 13 min walk · 2 min drive
- RestaurantCafé Connect0.34 mi · 7 min walk · 1 min drive
- CaféUnnamed cafe0.46 mi · 10 min walk · 1 min drive
- SupermarketWaitrose0.70 mi · 15 min walk · 2 min drive
- AirportJersey Airport6.1 mi · 20 min drive
- Petrol stationUnnamed petrol0.61 mi · 13 min walk · 2 min drive
- GP surgeryIndigo House Surgery0.86 mi · 19 min walk · 3 min drive
- DentistBracken Barrett1.4 mi · 31 min walk · 5 min drive
- SchoolHautlieu School0.23 mi · 5 min walk · 1 min drive
- Hospital / medical centreIndigo House Surgery0.86 mi · 19 min walk · 3 min drive
Nearest match in each category, from a fixed list of Jersey amenities — not every pub, café or shop on the island, so treat this as a useful sample, not a complete picture. Distances are straight-line ("as the crow flies"), multiplied by 1.3 to approximate real road-network distance — this is an estimate, not turn-by-turn routing, and actual walking/driving routes may differ. Times assume constant average speeds appropriate to Jersey's roads and 40mph limits: walking 4.5 km/h, cycling 14 km/h, driving 30 km/h — not open-road speeds, and they don't account for traffic, parking or terrain.
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 Saviour, 72.56 m² of known floor area. Adjust build quality or size for this property
Value added is the extra floor area priced at £6,703/m² — the midpoint asking price per m² among 49 St Saviour 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.
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.
| Improvement | Value it might add | Likely cost | Net | Approved |
|---|---|---|---|---|
| Add a bedroom (single-storey extension) A modest double plus circulation, built new. ~14 m² |
£93,844 | £70,000 14 m² · mid spec new build range £56,000–£84,000 |
+£23,844 | 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 |
£134,063 | £60,000 20 m² · mid spec refurb range £40,000–£80,000 |
+£74,063 | 86% (84) |
| Two-storey extension Roughly 14 m² on each of two floors. ~28 m² |
£187,688 | £140,000 28 m² · mid spec new build range £112,000–£168,000 |
+£47,688 | 83% (193) |
| Garage, annexe or outbuilding Detached space is worth less per m² than main-house floor area. ~18 m² |
£72,394 | £90,000 18 m² · mid spec new build range £72,000–£108,000 |
−£17,606 | 82% (216) |
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.
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).
Similar properties
Other current listings for sale in St Saviour, ranked by how many of the reasons on each card it shares with this one (closest asking price breaks ties) — every reason shown is exactly why it's here, not a hidden score.
