NELSON PLACE will be sold by the end of the year, Treasury and Resources has said.
Guernsey Post has found a new home – the former Oil & Vinegar shop across the road – which has enabled the department to put in motion plans to sell the property in Smith Street.
The States last year decided to sell redundant properties based on Treasury and Resources Department recommendations as part of its rationalisation programme.
Belvedere House was the first to be sold – for £5m. last month – and Nelson Place is expected to attract strong interest from retail and commercial businesses.
‘Guernsey Post’s move should allow for Nelson Place to be sold by the end of the year,’ a Treasury spokesman said.
Agent Martel Maides will conduct the sale by private treaty.
The spokesman added: ‘They expect to bring the property to the market in the next few weeks.
‘There is expected to be considerable commercial interest in the property.
‘The Environment Department has agreed potential change of use for the building to accommodate commercial and retail uses.
‘States Cadastre, which shares the building with Guernsey Post, will vacate Nelson Place in the late summer.
‘Its seven staff will move to join their mapping colleagues, Digimap, at the Guernsey Tobacco Factory in La Ramee.’
Article posted on 4th July, 2008 - 2.29pm
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