Casemates square

POA

Ref: GMGS5232  |  Commercial Unit in Gibraltar

PROPERTY DETAILS

Bedrooms:
Studio
Bathrooms:
0
Habitable Area:
N/A
Rates:
TBC
Service Charge:
TBC

SPECIAL FEATURES

  • Air Conditioning
  • Centrally Located
  • CCTV System
  • 24 Hour Accessibility

PROPERTY DESCRIPTION

Strategic Location: The property is located in Casemates Square, which is set to undergo significant renovations and will soon be connected to a major tourist attraction.

Unit Features:

  • 173m² of floor space
  • 21-year lease from the government
  • Leisure license included
  • Fully equipped with toilets, air conditioning, fire safety, alarm system, and kitchen extractor ducts
  • 2 stores included with all fixtures and fittings

Financials:

  • £250,000 (includes lease and fixtures and fittings)
  • Rent: £3,700 per month (negotiable)
  • Rates: £200 per month

Flexible Options:

  • Divide unit into 2 x 80m² units for £125,000
    • Rent: £1,850 per month
    • Rates: £100 per month
  • Rent-to-Buy Agreement Option: £3,000 per month
  • Discounted rent option available for off-peak hours (approx. 25% discount)

Additionally, the unit can be divided into two separate units, each with its own entry points and windows on both sides. This offers flexibility for different types of businesses or uses.

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