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Palm Grove Commercial, Ground Floor

Commercial
George Town, Grand Cayman
CI$2,311
RMLS#: 4285

Floor Plans

Square Feet Year Built
782 2011

Features

  • Property Type: Commercial
  • View: Inland Land
  • Status: Current
  • Block: 14D
  • Parcel: 65H2
  • Foundation: Slab
  • Zoning: Commercial
  • Lease Details: 12 or 24 month term preferred. The rental total including CAM is CI$3150. Total CAM is CI$10,070.20 per annum = CI$839.21 per month. Rent is therefore CI$2,310.79, plus CAM = CI$3150 per month.
  • Furnished: No
  • Type of Use: Professional
  • Construction: Concrete
  • Class: Existing
  • Land Certificate: Not Issued
  • Title: Freehold
  • How Shown: By Appointment/List

*Disclaimer:

CIREBA uses a conversion rate of KYD 0.82 to US 1.00. It is important to check with your local real estate agent or financial institution as the KYD/USD exchange rate may differ when purchasing real estate in the Cayman Islands.

The information contained herein has been furnished by the owner(s) and or their nominee and represented by them to be accurate. The listing company, agent and CIREBA MLS disclaims any liability or responsibility for any inaccuracies, errors or omissions in the represented information. All the information contained herein is subject to errors, omissions, price changes, prior sale or withdrawal, without notice and is at all times subject to verification by the purchaser(s).

Property Description

Ideal Business Location
Welcome to Palm Grove, a commercial office building ideally located in central George Town, on the corner of Smith Road and
Huldah Avenue. Renting office space at Palm Grove will provide you with a perfect location on one of Caymans busiest intersections, so your company and brand can benefit from lots of drive bay traffic. Tenants get to put signage and branding on the exterior of the building, so it is a great location to get exposure for your company.
Palm Grove is a 2-story building consisting of 6 units in total, with 3 on each level. When the current owner purchased the building, it was refurbished, and insulation and sound proofing was installed.
Great Size
#2 is a ground floor unit and is a middle unit consisting of just under 800 sq. ft. of usable space. It has its own bathroom and a back exit door, both of which are requirements for medical facilities. So, this could be ideal not just for an office, but could make an perfect medical office, or space for a dental practice, physiotherapy centre or wellness centre.

Energy Efficient Part of the Solar CUC CORE Agreement

A tremendous benefit of owning at Palm Grove, is that the building has solar panels and is part of the CUC CORE agreement, so you will get credits again your power bills. Each unit in Palm Grove has its own electrical metre and water metre and 2 dedicated parking spots, plus customer parking.

Professionally Run Building

A Property management company has recently been engaged to take over the running and maintenance of the building. It will give you peace of mind knowing that the common areas and building exterior of the building are professionally maintained. Although this unit is on the ground floor, its good to know that the building does have an elevator.

Reasonable Strata Fees

For a commercial building in central George Town the annual CAM fees are very reasonable and include the electric and AC for the common areas, common area AC maintenance, the elevator maintenance, common area cleaning and maintenance and upkeep of the exterior including the parking lot, garbage fees and landscaping. Most importantly it includes hurricane insurance for the property.

Close to Everything

Just 2 minutes from George Town Hospital and Doctors Hospital, Cricket Square, the Government Administration Building and George Towns commercial hub. The building is wheelchair accessible.

Use Yourself or Buy as an Investment

What better place to locate your office or medical, dental of wellness practice?

Locate to this prime office space in central George Town

How do you want to live your life?

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