Belair Property

Showroom for sale

€ 3,700,000

Marsa | Finished

2015.00m²

Reference No. 815696

About the property

A centrally located commercial building in a prominent part of Marsa and comprising a showroom at ground level measuring circa 350 sqm, 3 floors of overlying offices, each measuring circa 400 sqm, a roof level with canteen and communal space, underlying basement currently used as parking with possibility to use as storage. The property is currently tenanted and giving a decent rental return. The property also includes the overlying airspace with possibility of extending. The current leases yield circa 5.5% with immediate potential for growth.

EPC Exemption Status: Owners to provide

Property Features

Unique Selling Point (USP1): Entire commercial building in prime location
Unique Selling Point (USP2): Prominent showroom and attractive overlying offices
Unique Selling Point (USP3): Underlying basement/parking
Unique Selling Point (USP4): Also makes a realistic commercial rental investment
Internal Sqmts: 2015.00 SqMtrs
External Sqmts: 200.00 SqMtrs
Airconditioning: Yes
Road Frontage: 10.00 Mtrs
Total Sqmts: 2215.00 SqMtrs
Floor Level: 5
Passenger Lifts (No of): 1
Permit/Licence: Yes
Passing trade: Yes