COMM537

Town

Bar/restaurant

£3,950 pcm

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COMM537

Town

Bar/restaurant

£3,950 pcm

Premium price: £585,000


ABOUT THIS PROPERTY

Lease Opportunity: Premier Cafeteria, Bar, and Restaurant in the Heart of Gibraltar

An exceptional opportunity awaits with the sale of a well-established cafeteria, bar, and restaurant, prominently situated on Irish Town, within the bustling historic commercial center of Gibraltar. Operating successfully since 1989, this beloved venue has become the go-to destination for locals seeking a quality breakfast or lunch. Its strong, loyal customer base is further bolstered by a steady stream of tourists, making it a thriving business with significant foot traffic.

Key Features:

Rent: Service charges are included, ensuring transparent and manageable costs.

Fully Furnished: The establishment is sold fully equipped with tasteful furniture and decor, ready for immediate operation.

State-of-the-Art Kitchen: The kitchen comes fully furnished and equipped, designed to meet the needs of a high-volume, quality-driven establishment.

Convenient Amenities: The premises feature well-maintained Ladies & Gents WC facilities.

Flexible Lease Terms: Offering adaptable lease arrangements to be discussed.

Recent Refurbishment: The entire venue has been recently refurbished, providing a modern and welcoming atmosphere.

This is a rare chance to acquire a turnkey business with a stellar reputation and a prime location in one of Gibraltar's most vibrant areas.

Areas m2
Interior Size:
256m2
Exterior Size:
N/A
Amenities
Furnishing:
Fully Furnished
Close to amenities:
Yes
Features
  • AC throughout
Terms and Lease
Ownership:
Leasehold Long term
Rates:
£403.42 Per Month

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.


Unit 7 Portland House, Glacis Road, Gibraltar

+350 20051010

info@bmigroup.gi