Gertz Plaza Commercial Building

Description

This property is a mature two storey building with a Permaclad roof and constructed of concrete blocks. It was a formerly a home that is now converted into a commercial building containing retail businesses and office space. Access to the upper floor is via external staircases on both the eastern and western sides of the building. The interior partitions are either wooden or wall structures and are all painted. The floors are mainly ceramic tiles. The windows are a mix of storefront glass pane, glass and metal louvers and steel Crittal windows.
This Commercial Building is located opposite Channell supermarket, and an ESSO gas station while to the left is a Kentucky Fried Chicken outlet and on the right is Pearsons Pharmacy and Paynes Plaza. Residential areas within walking distance are HighgateGardens; PineGardens; Pine Development; Wildey Development; Clapham and Brittons Hill. The road network continues to the ABC Highway to the north-east and the parish of St. George to the north-west. This entire strip is fast becoming a more modern version of Bridgetown offering more conveniences and accessibility options but with ample parking.
The upstairs Northern side of the building can be accessed via remote in-office television monitors for added security.
The ground floor is divided into 7 units. The upper floor is divided into 9 units with separate washroom facilities where applicable. Most units have A/C and /or fans.Most of the tenants have been located within the plaza for over fifteen years.The most recent valuation from the Land Tax Department has the building valued at $3.1 Million Bds.
The monthly income for rent totals $11,240.00 making the annual income at $134,880.00
BDS$3,000,000.00