REF: AEC25007
The Residence
£65,000 / £450 pcm
Description
FOR SALE – £62,000
ALSO AVAILABLE TO RENT – £450 PCM
The Residence, Engineer Lane, Gibraltar
141-Year Leasehold | 9m² | Excellent Investment Opportunity
An excellent opportunity to purchase a secure and well-maintained basement store unit in the sought-after and conveniently located The Residence, Engineer Lane.
Offering 9m² of practical space, this versatile commercial unit is ideal for businesses, tradespeople, start-ups, professionals or investors looking for an affordable commercial base or secure storage facility without the need for a prominent, front-facing premises.
Property Highlights
- 9m² basement commercial unit
- 141 years remaining on the lease
- For Sale: £62,000
- For Rent: £450 per month
- Suitable for business / trade licence use
- Secure building with CCTV coverage
- Lift and stair access
- Loading bay directly outside the main entrance
- Individual letterbox
- Convenient and accessible location
- Ideal for businesses that do not require a customer-facing or street-front location
Proven Rental History
This unit represents an attractive investment opportunity, having been continuously let for the past three years, demonstrating strong rental demand and consistent occupancy.
At a rental of £450 per month, the property offers a current gross rental income of £5,400 per annum, making it an appealing option for investors seeking a relatively low-maintenance commercial property.
Whether you are looking for an investment with established rental history or a practical premises for your own business, this unit offers flexibility, security and excellent value.
VIEWING & ENQUIRIES
For further information or to arrange a viewing, please contact A.E Real Estate:
???? 56021966 – Calls & WhatsApp
???? info@aerealestate.gi
A.E Real Estate
Caring for all your property needs
- Habitable Area:
- 9
- Furnished:
- Unfurnished
About the District
Beautiful large colonial buildings abound in this area. Recent regeneration has seen some wonderful apartments come to market. Imagine large rooms, high ceilings and beautiful large windows with morrocan balconies. Being so central with the main shopping area and good restaurants and coffee shops on your doorstep, this area makes for a relaxed lifestyle with the ΓÇÿbuzzΓÇÖ just outside your door. Properties may have small balconies or roof terraces and parking close by is often purchased as vehicle access can be limited.