COMM487

Main Street

Building

£5,500,000

Price per sqm £6,744.33
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COMM487

Main Street

Building

£5,500,000


ABOUT THIS PROPERTY

FREEHOLD four-storey office building with a well-established commercial shop on Main Street, spanning an area of 771.60m2, features an additional 87 m2 of external space which is accessed by the offices on the 4thfloor. Located prominently on the main street, it is ideally situated for commercial use. Offices have access via Cornwall’s Lane.

The building has been refurbished throughout to a high standard with lift and many features, moving up to the offices all floors boast of a well-designed office space including kitchenette, boardroom, server rooms, ladies & gents WC, open plan area and private offices.

Its freehold status ensures full ownership rights and flexibility in customization. Whether you envision it as a home, office space, or a combination of both (subject to planning permission) this Main Street property offers an excellent canvas for your aspirations.

For further information please contact us directly.

Areas m2
Interior Size:
772m2
Exterior Size:
87m2
Amenities
Furnishing:
Unfurnished
Close to amenities:
Yes
Features
  • Air conditioning
  • Lift
  • Kitchenette
  • Views of the Rock and Main Street
  • Ladies & Gents WC
  • High value yield return
Terms and Lease
Ownership:
Leasehold FREHOLD

About Main Street

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 and commercial space in the heart of Gibraltar. There are also numerous other smaller developments and areas in town that afford older style colonial properties, such as the Library Gardens complex and the Town Range development.

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Property Stats

Average BMI Property Sales Prices for Main Street

Average Price

Year

£2,100,000.00 2024
£410,000.00 2021
£180,000.00 2020
£1,138,333.33 2019
£225,000.00 2016
£1,825,000.00 2014

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