Gibraltar
Off Main street
General Description
This modern leasehold property of concrete construction comprises a ground-floor entrance foyer plus a 5-storey office building with lift and stairwell access between floors. It is purposely designed for office users for multiple tenancy occupations providing two office suites at each level of the building distributed from the first through to the fifth floor, with communal W.C. facilities at each floor level for tenant’s use.
Location: The property is situated midway up Bell Lane - on the Northern side of Cornwall’s Parade and to the East of Main Street. The location is pedestrianized but there is vehicular access along Governors Parade up to Engineer Lane car park.
Tenure: 150 years, from 1st April 1988 (Unexpired Term - approx. 113 Years)
Additional Information: Potential for further development (S.T.P.P.). The property benefits from outline planning permission for an additional residential floor of 97 m². We understand that this consent has now lapsed, but that there are unlikely to be any issues with it being renewed under the same conditions.
- Investment opportunity with potential to extend (S.T.P.P)
- Internal floor area-Circa 1,132 sqm
- Partially tenanted
- Excellent location, just off the main trading street.
- Well maintained and fitted out to a good standard.
Floor |
Unit |
Areas (m2) |
Occupancy |
G |
n/a |
Ground Floor - Communal Entrance Foyer |
Communal Area |
1st |
1.1 |
62 m2 open plan office + 6.50 m2 kitchen |
Vacant |
|
1.2 |
136.44 m2 Open plan office |
Vacant |
2nd |
2.1 |
62.85 m2 open plan office + 5.80 m2 kitchen |
Intertronic Ltd |
|
2.2 |
136.44 m2 Open plan office |
Vacant |
3rd |
3.1 |
62 m2 open plan office + 6.5 m2 kitchen |
Vacant |
|
3.2 |
140.5 m2 Open plan office |
Vacant |
4th |
4.1 |
62.85 m2 open plan office + 5.80 m2 kitchen |
Scientific Games |
|
4.2 |
18.34 m2 + 114.60 m2 open plan office + 2.51 m2 kitchen |
Intelligent Payments |
5th |
5.1 |
68.5 m2 open plan office |
Vacant |
|
5.2 |
136.44 m2 Open plan office |
Vacant |
Property Details
- Interior size:
- 1132m2
- Lease terms:
- 113 years remaining
COM.235
£3,750,000 £3,312.72 Per m2
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COM.235 | Off Main street | £3,750,000
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COM.235 | Off Main street | £3,750,000