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Main Street

£999,000

TBC
Price per sqm

Details

Property Ref: GIC3311

  • Interior Size:TBC
  • Exterior Size:TBC
  • Category 2:No
  • Hepss:No
  • 3 Year Residency:No

Description

FREEHOLD BUILDING FOR SALE IN GIBRALTAR
Main Street

NP Estates presents a rare opportunity to acquire a freehold building in the heart of Gibraltar’s Main Street, one of the most established and resilient retail locations on the Rock.

The property comprises two ground floor commercial units, both let to established tenants on ongoing agreements, generating a combined income of £52,560 per annum. At the asking price, this reflects an approximate 5.26% gross return from day one, offering immediate cash flow with low ongoing management requirements.

Above the commercial element, the building includes additional space comprising a first floor office or studio and a second floor one bedroom apartment. The existing roof terrace provides further scope for enhancement or expansion, subject to planning permission, allowing an incoming investor to unlock additional long term value.

Main Street remains Gibraltar’s primary retail and pedestrian artery, ensuring consistent footfall and long term occupational demand. Freehold assets in this location rarely come to market, particularly with income already secured.

This is a straightforward buy and hold asset with:

- Prime high street positioning
- Immediate income on completion
- Diversified use potential
- Future redevelopment upside
- Controlled outgoings

A strategic addition to any Gibraltar based property portfolio.

Contact NP Estates for further information: +350 200 48532 | info@npestates.com

Property Features

  • Excellent Location
  • Freehold
  • Roof Terrace
  • Commercial Units included currently let
  • Centrally Located
  • Immediate Income