EXECUTIVE SUMMARY

The site consists of a complex of various buildings and structures comprising 4 residential units with garaging, two veterinary surgeries with ancillary offices, tarmacadamed parking, a cattery, dog kennels, a children’s nursery and various temporary structures, along with a cotil land to the rear of the site.

The entire complex totals 9,400 sq.m., which equates to 2.3 acres or 5.24 vergees.

Overall, the properties are in a reasonable state of repair and decoration.

LOCATION

The complex is located on the Eastern side of St Helier fronting St Saviour’s Road, the principal ring-road serving St Helier town centre.

More specifically the complex is located between the junctions with Wellington Road and Woodville Avenue and opposite the junction with La Rue La Masurier.

This area is mixed use in character, with primarily residential properties surrounding the property and within close proximity to numerous schools.

ACCOMMODATION

We attach a breakdown of each of the separate entities, which can be summarised as follows:

1. Flats 1-4
2. The Ernest Hugh Bowring Memorial Building
3. Dog Kennels Unit
4. Cattery and temporary structures
5. Annie Rowse Building
6. Charley Farley Nursery School
7. Cotil land

TENURE

The collection of properties are currently held on a Freehold basis and as such all buildings on the site are capable of being purchased on a Freehold or Flying Freehold basis.

The site, whilst being primarily occupied by the JSPCA, has several tenancy positions in place, including Cottages 1,2,3 and 4 The Ernest Hugh Bowring Memorial Building, the Education Unit to the rear of the site plus a licence agreement, within the main building, and 2 car parking spaces which generate gross receipts of £210,393.48pa.

OPPORTUNITY

The JSPCA wish to dispose of the entire site and relocate to more suitable premises.

The site is available in its entirety by way of Freehold Sale, subject to the existing leasehold positions.

Consideration will be given to disposal of part, but the preference is for a disposal of the site as a whole.

APPROACH/TIMING

In considering relocation, the JSPCA need to secure alternative premises in advance of relocation. We are therefore looking for expressions of interest which we will work through, as any proposal will need to fit in with the timescales appropriate to the relocation by the JSPCA.

We envisage negotiating a transaction to dispose of the whole or majority of the existing site, with a time lag from agreement to completion to facilitate the relocation process. Any parties interested in the site should allow for a deferred completion.

Offers are invited in excess of £8m.