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La Route de St Aubin - Mont Felard Bar & Lodging 15,000 SF Specialty Building Offered at $3,692,022 CAD at a 8% Cap Rate in Jersey JE3 1LL
Investment Highlights
- Located on the busy thoroughfare of La Route de St Aubin
- 10 minute drive to the Jersey Airport
- 3km west of St Helier town centre
Executive Summary
Mont Felard is a substantial mixed-use property comprising a registered lodging house and a public house. Situated on Jersey’s southern coast in the Parish of St Lawrence, it enjoys a convenient location just west of St Helier. The property features 13 en-suite lodging units (a mix of 1-bedroom flats and studios) over first, second and third floors, all set on a generous 0.26 acre site. The lodging units are fully let on rolling 3-monthly licenses. The public house, let to Randalls Brewery until 10th March 2027, occupies the ground and part first floor, providing ample lounge seating and a large bar, as well as and a large commercial kitchen, which is currently sublet on a rolling lease to a pizza outlet, with 1 month's notice required to terminate. There is a large 2-bedroom flat on the 2nd floor which also falls under the pub lease.
The building provides a rental income of £167,400 per annum (£37,800 for the pub lease, £129,600 for the lodging units), with scope for further enhancement of the lodging house facilities following expiry of the pub lease.
The building provides a rental income of £167,400 per annum (£37,800 for the pub lease, £129,600 for the lodging units), with scope for further enhancement of the lodging house facilities following expiry of the pub lease.
Property Facts
| Price | $3,692,022 CAD | Property Type | Specialty |
| Price Per SF | $246.13 CAD | Building Class | B |
| Sale Type | Investment | Building Size | 15,000 SF |
| Cap Rate | 8% | No. Stories | 4 |
| Tenure | Freehold | Year Built | 2000 |
| Price | $3,692,022 CAD |
| Price Per SF | $246.13 CAD |
| Sale Type | Investment |
| Cap Rate | 8% |
| Tenure | Freehold |
| Property Type | Specialty |
| Building Class | B |
| Building Size | 15,000 SF |
| No. Stories | 4 |
| Year Built | 2000 |
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La Route de St Aubin - Mont Felard Bar & Lodging
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