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2 Hill St 17,149 SF 68% Leased Office Building Jersey JE2 4UA $6,828,508 ($398.19/SF) 8.14% Cap Rate

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EXECUTIVE SUMMARY

The opportunity exists to acquire the freehold interest in 2 Hill Street, subject to existing detailed leases herein, for a consideration of £5,215,000 exclusive of GST as applicable reflecting a NET Initial Yield of 8.00%.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
17,149 SF
Building Class
B
Year Built
1985
Price
$6,828,508
Price Per SF
$398.19
Cap Rate
8.14%
NOI
$555,874
Percent Leased
68%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,287 SF
Building FAR
0.50
Lot Size
0.79 AC

AMENITIES

  • Raised Floor
  • Kitchen
  • Demised WC facilities
  • Drop Ceiling
  • Air Conditioning

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 5,566 SF
  • Office
  • Partial Build-Out
  • Apr 2026

The 1 st floor offices within 2 Hill Street are available for occupation from 01st April 2026 at a rental of £166,980 per annum based on a 9-year FRI lease via area-linked service charge.

Space Size Space Use Condition Available
1st Floor 5,566 SF Office Partial Build-Out Apr 2026

1st Floor

Size
5,566 SF
Space Use
Office
Condition
Partial Build-Out
Available
Apr 2026

1st Floor

Size 5,566 SF
Space Use Office
Condition Partial Build-Out
Available Apr 2026

The 1 st floor offices within 2 Hill Street are available for occupation from 01st April 2026 at a rental of £166,980 per annum based on a 9-year FRI lease via area-linked service charge.

  • Listing ID: 37040645

  • Date on Market: 7/31/2025

  • Last Updated:

  • Address: 2 Hill St, Jersey JE2 4UA

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