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.