Opis:

The Barbados National Bank is divesting the property located in James Street, Bridgetown, at a price of US$4,000,000.00. This 3 storey commercial property covers a building area of 23,155 sq. ft. on approximately 11,000 sq. ft. of land. In addition, there is a car park across the street which covers an area of approximately 21,800 sq.ft. The property is ideally located in the heart of Bridgetown near Swan Street and the central police station as well as the heritage site featuring the historic synagogue and Nidhe Israel Museum.

The building is over 40 years old and once renovated, would be ideal for offices and retail shops. This is Prime retail frontage in Bridgetown and can command rents in excess of US$70.00 per sq. foot per annum and there is little vacancy in the immediate area due to high demand. Retail rent in general in Bridgetown ranges from US$25.00 to $40.00 per sq. foot per annum. Office rents range from us$21.00 to $23.50 per sq. ft. per annum.

Ref: 36130-1942