Commercial premises, on a AAA location in Valletta, just a few steps away of the Grandmaster Palace. It has been meticulously planned and includes a large ground floor facade, double height entrance on ground floor, fully equipped kitchen in basement a bar/lounge on the ground floor and seating areas on the first, second and third floors and lounge area on ground floor and roof. Total covers 60/70. There are two toilets and a bathroom for the disabled and 3 lift areas.
Potential to be rented in shell to a high end gastronomic tenant for €475/sqm/year, which would create a rental income of approx. €123.500. Location has already a good passing trade with other high end catering and retail facilities in the direct area (Marks & Spencer, Cafe Cordina, Charles & Ron, 59 Republic,…)