STANLEY'S ESTATE AGENTS LTD.

Price: US$2,200,000

Exclusive Listing: A unique opportunity to acquire a vacant building plot in a prime downtown location on High Street at Thames Street. This property is close to the Cruise Ship terminal, Banks, Post Office and the major business and retail shops in Antigua’s capital St. John’s. The property consists of two joining parcels with a total area of 13,068 sq. ft. including frontage on Long Street.

Previously the Head Office for a successful Antiguan family enterprise offering insurance and travel agency services, also providing wholesale and retail merchandising. This site was acquired for the new home of an International Bank. The singles story buildings were cleared to make room for a three story structure designer by OBM Antigua. The property is being sold by a Liquidator.

The site is best suited for a multiple use, including: business offices, retail stores, restaurant(s), and hotel and apartment residences. In the immediate area there is a six story building. A recent appraisal suggested a 7 story structure encompassing 70,000 Sq. Ft of space. The site has public vehicle parking on High and Long Streets. The immediate frontage on High Street accommodates approximately 10 vehicles of open public parking. Adequate public car parking is close by. Purchasers should also consider the feasibility of underground parking and delivery. It is felt that angular parking could be provided for up to 20 vehicles. Entrance could be on Thames or Hugh Streets with exit on Long Street.

For additional information please contact  Geoffrey Pidduck or Bradley J. Esty