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Property Description: The owners of this prime commercial real estate in St. Lawrence Gap, Christ Church, Barbados, are offering for sale 83,853 sq. ft. of land occupied by The Ship Inn Pub and Restaurant, and five fully tenanted office spaces including Royal Bank of Canada, Safari Tours and Diner’s Club. There is car parking at the front and rear of the building with further redevelopment to the rear as a major car park. The Ship Inn is located in the heart of St. Lawrence Gap with over 1000 hotel rooms close by. St. Lawrence Gap has built up a reputation as the nightclub and dining centre of the island. Known by the locals as “the Gap”, it has long been the focal point where both visitors and locals congregate. The Ship Inn is the main entertainment venue in the Gap with varied entertainment every night of the week. There are live bands on stage, D.J. music, and a Sports Bar. The property could be continued as a going concern or developed for a hotel or condominiums. St. Lawrence is in a Special Development Area with excellent Tax and Import Duty concessions including a 10 year tax shelter on Profits and exemption from Property Transfer Tax available for development projects. In addition The Ship Inn enjoys duty free status on all bar and restaurant equipment. Further financial information is available to an accredited prospective purchaser. SERIOUS ENQUIRIES ONLY THE MOST OUTSTANDING COMMERCIAL INVESTMENT THE OPPORTUNITY OF A LIFETIME FOR THE SAVVY PICS COMING
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