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COMM340

Town

Commercial Unit

£4,405 pcm

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COMM340

Town

Commercial Unit

£4,405 pcm

Premium price: £450,000

ABOUT THIS PROPERTY

Settled in the heart of Gibraltar, and a few stones away in Main Street is this well-established business trading for over 20 years with a solid trading business.

Currently serving breakfast and lunch time trade, Monday to Saturday. Holds rights to open through until dinner time and on Sundays too.

The business has been recently refurbished internally, with indoor seating capacity being increased. The surrounding external area has also been given a face lift, with further businesses opening within the vicinity shortly.

Sold as a going concern, with all fixtures and fittings included. Furthermore, the current staff comes with the business, allowing purchases to hit the ground running.

Included within the lease is a licence to occupy the outside area around the restaurant.

 * Licence to occupy terrace is included.

Viewing is recommended.

Open to offers.

Areas m2
Interior Size:
120m2
Exterior Size:
N/A
Amenities
Furnishing:
Fully Furnished
Terms and Lease
Ownership:
Leasehold 8 years remaining
Service charges:
£799.12 Per Month
Rates:
£780.3 Per Month
Jackie Carlin Image
Jackie Carlin

Sales Director

Contact Jackie Carlin

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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
£1,333,333.33 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.

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Unit 7 Portland House, Glacis Road, Gibraltar

+350 20051010

info@bmigroup.gi