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Ref: GC05116
Building
Commercial
465
m2 int.
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Building for Sale, Main Street, Gibraltar

*** FREEHOLD PROPERTY *** A Commercial and Residential building in a most prominent location at the entrance to MainStreet. This property has got tremendous potential and is a great investment. Main Street is a pedestrianised street and attracts thousands of daily visitors from neighbouring Spain and Portugal and is the main retail area. This property offers large offices/retail areas on the ground floor, totalling 93.9 sqm. The commercial units are currently rented but the residential floors can be purchased with vacant possession. The residential area comprises of 3 apartments, with a total size of 370.80m2 The 1st floor offers a large 3 bedroom apartment with a private patio. Total net areas are Apartment - 121m2, Patio - 8.2m2 The 2nd floor offers a stunning 3-bedroom duplexwith a totalnet area of 106.6m2. The 3rd flooroffers a lovely 1-bedroom apartment with an internal size of39.3m2, which has got access to a 60.7sqm roof terrace.

Location
Main Street, Town Area, Gibraltar
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Details
Sale:
£2,800,000
£6,021
per m2
Status:
Available
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465m2 int.
Garden
Parking
Photos
Town Area Info
TOWN AREA
Town Area is home to most of Gibraltar’s retail establishments. Main Street, running through the pedestrianised old town from Casemates Square all the way up to Southport Gates, almost covers the entire length of the city, its buildings exhibiting a blend of Andalusian, Moorish, Portuguese, Genoese, and British architecture. Alongside the more traditional shops, mostly lined on the ground floor, visitors will recognise familiar high street brands and chains, intertwined with souvenir and handicraft shops. The upper floors generally provide residential accommodation or office space for local businesses. Dating back to the 18th Century, merchants, traders and shopkeepers established their businesses in Gibraltar, many of which are still run by the direct descendants of the families that instituted them. Gibraltar’s geographic location was nothing short of perfect for merchants back then to port and trade their goods. Casemates Square, as with much of Gibraltar, is open to and represented by many different ethnic peoples. Situated right at the bottom of Main Street, it has a wide range of restaurants, cafes and bars, in which you can order a drink, get comfy, and “people watch” until your heart’s content. Casemates, is the largest of the two main squares located in the city centre of Gibraltar, and is used for special events throughout the year, hosting various shows, festivals and nightlife.

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