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Floor Space:  11527 sq ft
Land Area:  35322 sq ft
Furnished:  No
Beachfront:  No

Price:  BDS $2,950,000

Location:
Bridgetown
St. Michael
Barbados
 

For SalePinfold Street

Inga Lodge features two office buildings, with a number of long standing tenants and an existing revenue stream, set on just over 3/4 an acre of land on Pinfold Street in the heart of Bridgetown. Situated close to the centre of Bridgetown in an area characterized by several lawyers offices within walking distance of the Supreme Court of Barbados. The Central Police station is also very close by and the new Judicial Centre is currently under construction on the same street. The main building is a 2-storey coral stone building with 10,262 sq ft of office space. This building is occupied by the owner and two external tenants (legal firm and Government Agencies) in various offices, partitioned into several office spaces, with lunchroom and bathroom facilities in each. These tenants have each occupied the building for over 12 years. There is also a vault in one of the offices on the ground floor. The floors are finished in vinyl tiles, with some wall-to-wall carpeting and ceramic tiles in other areas. The ceilings are mainly suspended acoustic tiles and there is a stucco finish in one of the office areas on the ground floor. The walls are finished in a mixture of paint and trowel plastic. There are a/c split units, a/c wall units, and ceiling fans. Windows are a mixture of sliding sash, glass pane and glass louvres, and those on the ground floor have burglar bars. The smaller single storey 1,265 sq ft building is of similar age, construction and finishes to the main building, and is located to the west of the main building. This building is occupied by a charity which has also occupied this space for over 12 years. The property is enclosed and fenced, with a large parking area to the front of the property, and additional parking along the eastern and western boundaries. The property had recently been repainted, and one of the tenants has recently renovated all of their tenanted spaces. This is an opportunity to invest in a property in the island's Capital with an existing revenue stream. The property has been priced to sell and is in line with a recent valuation completed. E&OE

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