Town
Description
ABOUT THIS PROPERTY For sale a compact, well-positioned store located at The Residence on Engineer Lane. Measuring 9m², this secure unit is ideal for a variety of business or trade uses and is fully suitable for obtaining a business or trade licence. The property benefits from CCTV security, lift and stair access to the basement level, and a convenient loading bay directly outside the main entrance, making day-to-day operations easy and efficient. Lighting included as part of the service charges, noting there is no additional power supply within the store. Additional highlights include a dedicated letterbox and a proven track record as a successful rental property, having been continuously let for the past four years at £450 per calendar month. Generating a strong and consistent monthly return, this property represents an excellent investment opportunity for landlords seeking immediate income and long-term potential.Contact us today at +350 200 51010 or to arrange a viewing.
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How this one compares
6 similar properties on the island advertised at within 25% of this price. Their median asking price is £450 — this one is asking the same. Asking prices only; nobody has paid these.
| Property | Where | Beds | Asking | vs this one |
|---|---|---|---|---|
| The Residence | — | — | £450 pcm | same |
| Leon House | — | — | £450 pcm | same |
| Main Street, Town Area, Gibraltar | Town Area | — | £450 pcm | same |
| Town Area | Town Area | — | £450 pcm | same |
| Main Street | — | — | £458 pcm | +2% |
| Town Centre | — | — | £440 pcm | -2% |
