Sir Walter Raleigh House, Esplanade - Offices, St Helier
Description
Landmark corner property situated in the prime office district of St Helier Excellent ground floor office premises 4,566 sq.ft (424.19 sq.m) Fitted out to a good specification including a number of meeting rooms and cellular offices Basement parking - 4 cars Location, The property occupies a prominent landmark position at the western end of the Esplanade, the prime office address in St Helier. Nearby occupiers include HSBC, Ogier, Citi Private bank, PWC and KPMG., The property is just a short walk from the town centre and near to The International Finance Centre., Ample car parking is provided nearby within Patriotic Street car park and Les Jardins car park. Description, The property is a purpose-built, five-story office building with basement parking. The available office premises are located on the ground floor., As currently configured, the office premises provide a reception leading into a large open plan office area. There is a boardroom and 2 meeting rooms at the front of the building overlooking the Esplanade, and a further five separate executive office and meeting rooms within the floor., Other amenities include, • Open-plan floor layout., • Suspended ceilings incorporating recessed lighting and air conditioning., • Fully accessible raised floors., • Male and female W.C facilities., • Reception and kitchen., • Shower room., • Storage., • Basement Car Parking. Accommodation, The ground floor offices have been measured in accordance with the RICS Code of Measuring Practice and provide a total net internal floor area of approximately 4,566sq. ft (424 sq.m)., Offices 4,501 sq.ft (418 sq.m), Store 65 sq.ft (6 sq.m), Parking: 4 car spaces Availability, The premises are available from 1st October 2025, subject to completion of the legalities. Lease terms, The premises are available by way of a new lease with the tenant responsible for internal repair and decoration, plus a floor area linked contribution to the property service charge to cover common repairs, maintenance, management fees, etc., Rent reviews will be upwards only, every three years and linked to the change in the Jersey Retail Price Index., In line with normal market practice, a suitable covenant or guarantee will be required by the lessor. Rental, The asking rental is £33.50 psf for the offices, £10 psf for the store and £4,000 pcs., All rentals quoted are exclusive of all other outgoings and exclusive of GST if applicable. Legal costs, Each party to bear their own legal costs and any other cost incurred in the letting of these premises. Viewing, Strictly by appointment with the joint sole agents Broadlands Commercial and Watts Property Consultants., Nick Trower MRICS or Guy Gothard FRICS, www.broadlandscommercial.com
This property's own sale history, 2006–2015
2 recorded sales of this address in the Places.je transaction register — matched by house name/street and parish, not a unique property ID, so treat this as a strong likely match rather than a certainty.
| Sale date | Price | At 2024 prices |
|---|---|---|
| 2015-03-06 | £6,450,000 | £9,738,664 +51% |
| 2006-11-01 | £10,300,000 | £20,491,289 +99% |
The "2024 prices" column carries each past price forward at the island-wide repeat-sales index — the same money at today's market level, not a valuation of this specific property. It takes no account of the condition the property was in at each sale, or any work done to it since.
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, 424.19 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.
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 |
£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) |
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 date | Price | At 2024 prices | Address on register |
|---|---|---|---|
| 2015-03-06 | £6,450,000 | £9,738,664 +51% | Sir Walter Raleigh House, 48-50 The Esplanade, formerly 50 The Esplanade, St. Helier |
| 2006-11-01 | £10,300,000 | £20,491,289 +99% | Sir Walter Raleigh House, 48-50 Esplanad, 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. The "2024 prices" column carries each price forward at the island-wide repeat-sales index — it is what that sum of money would be at today's market level, not a valuation of this property, and it takes no account of the condition it was in then or any work done since.
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 rental listings in St Helier, 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.
