Ex-Sundale Building

Gas Alley, Cane Garden, Edgehill, Saint Thomas, BB22020, Barbados

For Rent

29,463BBD

Property ID:

RH-20519-property

Description

This building is in the industrial pulse of St. Thomas – a highly trafficked area, located less than five minutes away from the Warrens and Welches commercial hubs. The spaces showroom, warehousing, and office spaces are divided as follows:

	Square footage
Ground floor retail showroom	3,216
Ground floor warehouse/receiving bay	827
First floor warehouse – 350 pallets	5,938
First floor offices – south access	686
Mezzanine warehouse	1,118
Total square footage	11,785
Rent per square foot	$2.50

In addition, there will be a monthly 50 cents per sq ft Common Area Maintenance (CAM) charge – $5,892.50 plus VAT. All utilities costs will be borne by the tenant.

The spaces are for rental in “as is” condition. However, the tenant will have the option to negotiate any required upgrading or retrofitting with the Landlord.

The building is engineering strong with steel-reinforced cement brick exterior walls and load-bearing concrete floors to accommodate heavy loads. It is powered by a photovoltaic system with 150Kw rating installed in September 2015 for energy saving purposes.

The tenant will occupy the prime front section of the building where the sales & showroom will be on one side and receiving & distribution away on the other.

This is an investment opportunity with Return on Investment (ROI) and is available for immediate tenancy.

Rent: $29,462.50 per month, plus VAT

CAM: $5,892.50 per month, plus VAT