ARTICLE
29 January 1999

Establishing A Business In Guernsey - Cost

K
KPMG

Contributor

Guernsey Wealth Management

Modern office rental costs in St. Peter Port are in the region of o20 per square foot, inclusive of rates and service charges. The service charge normally includes all costs for the building and is shared equally between tenants based on the percentage of total floor space occupied. Rent reviews are at various intervals but the most usual is once every three years. The rental costs for industrial properties which tend to be outside St Peter Port are considerably lower and would depend on the type of property required. Premises are also available to purchase.

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