Cumberland Road

Description

Description COMMERCIAL UNIT FOR SALE BY LEASE TAKEOVER IN GIBRALTAR South District | Ground floor office with loft storage NP Estates is pleased to present this recently refurbished commercial unit in Gibraltar's South District, available by lease takeover. The property offers approximately 27m² of ground floor office space, together with an additional 27m² loft area accessed by an internal staircase. This provides approximately 54m² of usable space overall, with the loft offering valuable storage for stock, files, equipment or business supplies. The unit includes a toilet and kitchen, making it suitable for daily business use. It benefits from permission for light industrial and office use, with potential suitability for retail or wholesale purposes, subject to any required approvals. Its ground floor position and roadside location provide quick and convenient access, making it a practical option for a small business, office user, trade operator or storage led commercial occupier. The property is held on a recently renewed a twentyone year LPS lease, renewable subject to terms. The lease takeover premium is £45,000. Current rent is £161 per month, with rates currently £31.94 per month. A well positioned South District commercial unit with low ongoing monthly costs and useful additional storage space. Contact NP Estates to arrange a viewing: +350 200 48532 |