Gibraltar

Upper Town


REF: PWC222

£85,000
Type:
Storage
Ownership:
Leasehold
Local Rates:
287.88 PQ
Community Charges:
245PM
Interior:
30 m2
Condition:
New build

Great investment opportunity! Storage units for sale in the upper town area. There are a total of 6 units currently rented out varying from £200 to £400 PCM. These units have high ceilings and are also suitable for commercial use (i.e valid for a trade license, register a company or to start a business). Units are equipped with fire alarms, shutter doors and direct car access to the main entrance. Auto-renewable 5-year lease expiring March 2024. Features: This unit can also be converted back to a retail premises.

Upper Town

The Upper Town, a concentration of vernacular buildings, alleyways, steps and streets which wind their way up the natural slopes of the Rock. Described by many as having a striking resemblance to Italian coastal towns such as Genoa and others along the Italian Riviera, Gibraltar’s old town exudes a character of its own, asking for investment and rejuvenation to help it shine once again. Over the last decade or so, there have been a number of major Government-led infrastructural projects, which are acting as catalysts for change and attracting investment into the old town. The conversion of the old civil hospital, which relocated to a new facility in 2005, into a First and Middle School that open its doors in September 2015 is a prime example of this.

Register Interest

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