Crossword Genius

Let's hire out a place in Jersey (2,6)

Ross

I believe the answer is:

st helier

I'm a little stuck... Click here to teach me more about this clue!

'a place in jersey' is the definition.
I can't judge whether this defines the answer.

'let's hire out' is the wordplay.
'out' indicates an anagram (out can mean wrong or inaccurate).
'lets'+'hire'='letshire'
'letshire' is an anagram of 'ST HELIER'.

Can you help me to learn more?

(Other definitions for st helier that I've seen before include "Capital of Jersey" , "island town" , "Jersey's capital" , "Island capital" .)

I've seen this clue in The Globe and Mail.
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