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

Former Lloyds bank - Retail, St Brelade

Former Lloyds bank - Retail

Description

Location, The property occupies a large corner site at the junction of La Route des Quennevais and La Rue du Pont Marquet, Red Houses in the Parish of St Brelade., In close proximity is a variety of commercial businesses, shops and supermarkets including HSBC Bank, Co-Op Locale and the Post Office counter, Absolute Fitness, Island Medical Surgery, Co-Op pharmacy, Leodis Veterinary Surgery, Waitrose and Marks & Spencer, together with a range of other retail and alternative businesses located within Les Quennevais Parade and Precinct., The surrounding area contains a high density of housing with approximately 15,000 homes located within a short distance, local and island amenities such as Les Quennevais Sports Complex and Jersey Airport and many tourist attractions in both St Brelade’s and St Ouen’s bays. All of these are a few minutes drive away from the property., A location site plan is attached for identification purposes only. Description, The property would appear to be of mid-1960’s construction with concrete floors and generally flat roofing. The building is highly visible from the main road and benefits from excellent customer parking. To the ground floor, the building is utilized as a traditional banking hall with ancillary office and staff accommodation., The first floor comprises two flats with self-contained access to the rear of the building. In addition, there is a small garden area and a carport for use by the two apartments. We understand that the residential units can be occupied by certain Entitled or Licensed persons but any potential occupier will need to enquire with the relevant Government authorities to ascertain full detail on this. Accommodation, The Property has been measured in accordance with the RICS Code of Measuring Practice and provides the following approximate net internal floor areas, Ground floor, Retail banking hall and ancillary 2,552 sq ft 237.08 sqm, Staff facilities 201 sqft 18.67 sqm, First floor, 1x 2 bed flat and 1 x 3 bed flat, Both flats have a separate lounge, kitchen and house bathroom, Car parking Approx. 20 cars Availability, The whole property is available from 1st July either by way of an assignment of the existing head lease., Sub-lettings of the individual parts will also be considered, subject to separate negotiation. Tenure, The whole property is let on a single full repairing and insuring 9 year lease which terminates on 18 March 2029 with no tenant breaks. The current head rent of £214,077 per annum is subject to 3 yearly upwards only increases in line with the Jersey Retail Price Index, the next review being on 18 March 2026. Rental, The current rent amounts to £214,077 per annum. Use, The property is used as a Class A – retail and alternative uses will be considered (subject to the usual Planning and Landlord consents). Legal costs, Each party to bear their own legal costs and any other cost incurred in an assignment of this lease. Viewing, Strictly by appointment with the Assignor’s sole agent., Nick Trower MRICS, Director – Commercial, www.broadlandscommercial.com, Guy Gothard FRICS, Director –, www.broadlandscommercial.com

Ref C940
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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 Brelade, 237.08 m² of known floor area. Adjust build quality or size for this property

Value added is the extra floor area priced at £8,941/m² — the midpoint asking price per m² among 38 St Brelade 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
£125,179 £70,000
14 m² · mid spec new build
range £56,000–£84,000
+£55,179 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
£178,828 £60,000
20 m² · mid spec refurb
range £40,000–£80,000
+£118,828 86% (84)
Two-storey extension
Roughly 14 m² on each of two floors. ~28 m²
£250,359 £140,000
28 m² · mid spec new build
range £112,000–£168,000
+£110,359 83% (193)
Garage, annexe or outbuilding
Detached space is worth less per m² than main-house floor area. ~18 m²
£96,567 £90,000
18 m² · mid spec new build
range £72,000–£108,000
+£6,567 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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