Reference: SP795523

£1,500,000

Property

Main Street, Town Area

resize 410 m²

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Property Description

Great freehold building for sale £1,500,000 - 410 sqm overall.

Located in a great part of main street, close to the drop off and pick up point for the tourists and near to the Courts and the Cathedral this Freehold property is a great investment opportunity.

The property is currently divided over 4 floors, with a retail unit at the ground floor and 4 flats above.

There is potential to build up a further 2 floors. 2 of the flats are vacant and two have tenants on a rent control scheme, but presenting great scope in the short term future opportunity.

The Retail Unit has just gone under offer and will provide annual rental income of £42,000 Viewing is highly recommended.

For more information please contact our commercials team at 200 51020 or email Info@century21gibraltar.com

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Property Features

  • 3 Year Residency: No
  • CAT 2: No
  • Hepps: No