COMM519

Town

Commercial Unit

£780,000

Price per sqm £5,379.31
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COMM519

Town

Commercial Unit

£780,000


ABOUT THIS PROPERTY

For Sale - Opportunity knocks with this enticing commercial offering! Positioned just steps away from Main Street, this prime commercial unit awaits on the ground floor of a prestigious office building. Boasting approximately 86m2 of versatile space, it's ideal for a range of business endeavours. But wait, there's more! Adjacent to this unit is a spacious garage, measuring approximately 59m2, ready to accommodate additional storage or workspace. The cherry on top? The potential to expand and merge both spaces (subject to planning permission), creating a seamlessly integrated, larger unit to suit your business needs. Don't miss out on the chance to elevate your business to new heights in this sought-after location!

Areas m2
Interior Size:
145m2
Exterior Size:
N/A
Amenities
Furnishing:
Unfurnished
Parking:
Lock Up Garage
Store Room:
Yes
Close to amenities:
Yes
Terms and Lease
Ownership:
Leasehold 967 years remaining
Service charges:
£42.5 Per Quarter
Rates:
£1189.12 Per Quarter

About Town

The heart of Gibraltar, stretching North to South from Casemates to The Referendum Gates and East to West from Irish Town to Town Range.

The retail centre of Gibraltar including Main Street, Casemates and Irish Town comprising mainly of older Freehold properties and enjoying high street brands such as Marks & Spencer, Holland & Barrett, Mango, Tommy Hilfiger and others.

The area comprises of several residential developments such as Gibraltar Heights, Cornwall’s Centre,Trafalgar House and the new and exclusive Midtown Development affording luxury residential, retail

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Property Stats

Average BMI Property Sales Prices for Town

Average Price

Year

£2,750,000.00 2024
£793,000.00 2023
£1,603,000.00 2022
£549,166.67 2021
£182,000.00 2020
£941,250.00 2019
£315,000.00 2018
£46,700.00 2017
£1,050,000.00 2015
£167,500.00 2012
£75,000.00 2004
£265,000.00 2003
£149,650.00 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