£525,000
2 bed property for saleLa Rue Des Croisee, Forest, Guernsey GY8
2 beds
1 bath
1 reception
Added on
About this property
Desirable location
Redevelopment potential
Mixed-use investment
Existing rental income
Vacant units available
'Le Bourg' offers a rare opportunity in a highly desirable location, offering both immediate income and excellent redevelopment potential.
The property currently comprises three commercial units alongside a two bedroom local market apartment. The residential unit and one of the commercial units are tenanted on a rolling lease basis, while the remaining two commercial units are vacant and offer scope for improvement.
Planning permission has been granted to redevelop the site to create four contemporary two-bedroom apartments and one one-bedroom unit, presenting a fantastic opportunity to maximise value - alternatively, purchasers may choose to refurbish and modernise the existing accommodation, unlocking its full potential while retaining the current mix of uses and income stream.
Le Bourg represents an exceptional opportunity for developers and investors alike.
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