COMM486

South District

Commercial Unit

£1,400,000

Price per sqm £6,862.75
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COMM486

South District

Commercial Unit

£1,400,000


ABOUT THIS PROPERTY

Unique and rare opportunity to purchase this industrial unit at New Harbours with an internal area of 204m2 and features extremely high ceilings, which is advantageous for various industrial activities. Situated on the ground floor, it offers convenient road access, making transportation of goods and materials efficient. This accessibility and spacious layout make it suitable for a wide range of industrial operations, from manufacturing to storage and distribution.

In addition to its internal area and high ceilings, the industrial unit also boasts a full-height loading door. This feature enhances its functionality and flexibility for businesses by allowing for easy loading and unloading of large items and equipment. It simplifies logistics and ensures seamless access for delivery trucks and vehicles, making it an ideal choice for businesses that require efficient handling of goods and materials.

Includes two car parking spaces.

Call us to arrange an inspection.

Areas m2
Interior Size:
204m2
Exterior Size:
N/A
Amenities
Furnishing:
Unfurnished
Features
  • Annual ground rent: £402.17
Terms and Lease
Ownership:
Leasehold
Service charges:
£1151.85 Per Quarter
Rates:
£1396.37 Per Quarter

About South District

The South District is a large area commonly known as the quieter and predominantly residential area in Gibraltar. It is split between upper and lower regions and enjoys its own unique micro-climate, particularly during easterly winds which affect the town centre and north western districts.

The area comprises of middle and high end residential developments such as The Anchorage, Cliftons, Rosia Plaza, Vineyards as well as some exclusive upper high end developments and private residential homes including Buena Vista Park, The Sanctuary and New Aloes.

The location generally affords great views and aspects southward towards the Bay, Strait of Gibraltar and Africa. The district enjoys the benefit of two junior and middle schools, Loreto Convent and St Josephs.

In addition, there are numerous historic, touristic and leisure sites in the area, including Parsons Lodge, Europa Point Park, 100 Ton Gun, Rosia Bay and Camp Bay as well as the famous The Botanical Gardens.

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Property Stats

Average BMI Property Sales Prices for South District

Average Price

Year

£1,145,666.67 2024
£930,000.00 2023
£886,777.78 2022
£699,096.88 2021
£974,285.71 2020
£549,785.71 2018
£955,000.00 2017
£680,000.00 2016
£543,750.00 2015
£1,920,000.00 2014
£573,270.00 2013
£1,250,000.00 2012
£1,740,000.00 2011
£405,000.00 2008
£695,000.00 2007
£777,500.00 2006
£330,000.00 2005
£310,400.00 2004
£303,333.33 2003
£285,000.00 2002

For full property stats visit our market update

Disclaimer:

These sale prices are for information purposes only and may not be relied upon as a valuation or any other purpose. BMI shall not be responsible for any losses or damages caused by or in connection with the reliance or use of the figures or market information set out on our website.

NB. Whereas we have endeavoured to maintain accuracy with all the information provided, we would point out that certain average prices listed, may be somewhat weighted given the various types of particular bedroom / property types in various developments. The information is therefore provided for guidance purposes only. For further detailed information, we would kindly ask that you contact our office.


Unit 7 Portland House, Glacis Road, Gibraltar

+350 20051010

info@bmigroup.gi