BANKFORECLOSURE PROPERTY FOR SALE IN KINGSTOWN
This commercial property is located in Kingstown and comprises of two stories, with a land area of 16,786 sq.ft. and a building size of 11,352 sq.ft.
The property is accessible from the White Chapel road unto which it fronts. It is located adjacent to the former Lyric Theater building.
The property comprises of two floors comprising of the following:
Ground Floor(8,393 sq.ft.): a department store, office, bathroom facilities, kitchen and store-rooms.
First Floor(8,393 sq.ft.): a department store, store-rooms and bathroom facilities.
Foundation- reinforced concrete strip
Gradient of Land:
The land has a flat topography. There is a reduced risk of flooding. All surface water is drained from the site via concrete gutters to the main storm drains of Kingstown.
Occupation: The property is currently in vacant possession
The property is located in Kingstown, which is in close proximity to all the amenities in the town, including the central market, shops, schools, recreational facilities, etc. The area to which it is situated is mainly suited for commercial land use. The necessary domestic services are available such as electricity, telephone, and water. The neighborhood is primarily commercial in nature.
There is a high demand for rental space in this area, specifically for office and shop use. Potential occupiers looking for commercial space of this nature will likely be for shops, boutiques, and offices.
Overall, based on the location of this property in the Central Business District, a fair investment value is expected.
LISTED PRICE : OFFERS INVITED
PRICE : INVITED TO MAKE AN OFFER