Le Masurier, a property investment and
development company, has entered into an agreement to lease with
Whitbread, to bring a second Premier Inn hotel to Jersey as part of
a major redevelopment in the north of St Helier.
The proposed £70 million Bath Street
Redevelopment will include:
- 122-bedroom Premier Inn hotel;
-
145 residential apartments and car parking; - New
retail, bar and restaurant units; - A pedestrian street
connecting the Millennium Town Park to the library into town; and
-
More green areas, pavement widening and street art.
Jacqui Allum, Head of
Estate Development at Whitbread, said,
“We're excited to sign an agreement to lease to bring a second
Premier Inn to Jersey less than a year after opening our first on
the Island. Jersey is a relatively new market for Premier Inn and
our confidence to invest further in the Island has been
underpinned by the strong performance of our Charing Cross hotel. Since opening in July 2018, the Charing Cross Premier Inn has
consistently achieved above average occupancy rates and positive
guest feedback. This strong performance, along with the high level
of interest from our customers searching for Jersey on the PremierInn.com website, has encouraged us to partner with Le
Masurier and invest in the Bath Street site.”
St Helier’s
second Premier Inn is expected to create 35 new jobs and
accommodate 40,000 overnight stays in Jersey, with the potential
to attract annual visitor spend of £1.6 million and, in turn,
support over 30 new year-round jobs in the tourism sector. The
wider redevelopment is also expected to create over 70 full time
jobs in the construction industry.
Simon Crowcroft,
Constable of St Helier, said, “I am delighted to support this
major regeneration of the north of St Helier. It will
significantly improve business and tourism in the area and,
importantly, with more green areas and proposed wider pavements it
will considerably improve the look and feel of this significant
gateway to town.”
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