Sparket

St Lawrence, Jersey

Sparket

Type

Open Storage Site

Location

St Lawrence

Strategy

Single-tenant Consolidation

Upside

Alternative Use Potential

The site comprises a combination of open storage, basic storage units and a residential dwelling. At acquisition, it was fragmented, being let to multiple occupiers on short-term licences.

This position has since been rationalised through the letting of the entire site to a single occupier under a formal lease, providing enhanced income security and management efficiency. The asset now delivers a strong and stable income return, while also retaining longer-term potential for alternative uses.