Ref: SAL471

Studio

Residential

Studio

250

m² int.

m² ext.

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Studio for Sale, Main Street, Gibraltar

Main Street property covering a whole first floor with masses of potential. Currently set out as an office space with various individual offices and restrooms, the property has the potential to be redeveloped with floor plans available outlining possible conversions as residential apartments or alternative offices. With a long lease, this property makes for a great investment opportunity.

Location

Main Street, Town Area, Gibraltar

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Details

Sale:

£1,200,000

£4,800

per m²

Status:

Available

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Studio

250m² int.

0m² ext.

Photos

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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.

Attractions

Hotels

Restaurants

Town Area