NAL Building, Pitronnerie Road Offers in the Region Of £4,450,000

  • External
    External
  • East Elevation
    East Elevation
  • Interior of South Bays
    Interior of South Bays
  • Administrative Area
    Administrative Area
  • A rare opportunity to acquire a large industrial asset
  • Circa 45,500 sq.ft. industrial complex
  • Let to Citriche Ltd with parent co. guarantee until 2025
  • Current rent is £345,000 p.a.


A rare opportunity to acquire a sizeable industrial asset comprising two high-bay warehouse blocks with communal secured loading yard between, plus ancillary administrative/office elements and car parking. The premises are located on one of Guernsey's leading industrial estates, just off the main container route and offer a total circa 45,531 sq.ft. gross internal area divided into adjoining steel portal bays with a mix of rendered blockwork and metal thermal clad walls. The roof of each building is clad with thermal metal sheeting incorporating of which circa 5% is roof light.There are several motorised roller shutter metal doors off the yard into each bay of the complex.

The whole is leased to Citriche Limited (with parent guarantee from Bidvest Foodservice International Ltd) until 24 December 2025, without any break clauses, at a rent of £345,000 p.a. The vendor is seeking a price of £4.45m which assuming a sale by share transfer and costs at 0.75%, would show a purchaser circa 7.7% net return.


0    0    0 Parking
NAL Building, Pitronnerie Road
St Sampsons
Type: For Sale
Reference: C020
Howard Mawson
Mawson Collins

P: 01481 244244

North Building

21,673 sq.ft.

South Building - GF

23,389 sq.ft.

South Building - Mezzanine

469 sq.ft.

Secure Yard

8,000 sq.ft

0    0    0 Parking
NAL Building, Pitronnerie Road
St Sampsons
Type: For Sale
Reference: C020
Howard Mawson
Mawson Collins

P: 01481 244244

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0    0    0 Parking
NAL Building, Pitronnerie Road
St Sampsons
Type: For Sale
Reference: C020
Howard Mawson
Mawson Collins

P: 01481 244244
Name Location Type Distance