Eastern Main Road, San Juan


Price

$5,500,000 

Property Details


Property ID:
BOK-135514

Location:
Barataria San Juan 

Sq. Footage: 2697sq.ft.


About this Property


Eastern Main Road – Standing on the site is a single storey warehouse type structure which is being used as a garage.

The structure has an area of 2,697 square feet and there is a steel structure to the front which has an area of 679 square feet. The entire site is concrete paved. The building contains a garage area a bathroom and an office.

According to the Draft Deed of Lease supplied dated 1st April 2015, the property is leased to Frank Jeeta Inspection, Station VTS 054 for a period of 4 years from 1st April 2019 at a monthly rent of $6000.00.

The property is less than half mile from the Croissee and this area is mainly characterized by commercial retail use. This structure does not maximize the full potential of the site which can be valued very highly in this prized location and highly sought after area for Commercial use.

•A good title can be shown,

•The property enjoys a legal right-of-way to and from the public road.

•The property enjoys a right of drainage.

•The property is not subject to any unusual or onerous restrictions, encumbrances, or outgoings.

•Town and country planning and all other relevant statutory approvals have been granted. No account has been taken of the additional bid by a prospective purchaser with a special interest.

•Vacant possession is available but not preferable as this is a paying tenant for years.

About the Region


Barataria
Barataria is well known as a residential area. Many businesses have begun settling amongst the residence as there has been an increase in economic growth. Banking, administration services, retail and wholesale trade or popular food outlets such as KFC, Subway are some examples of business types. Due to economic growth, many prior land owners have begun or completed developing their spaces into rental buildings. Barataria is home to the well-known soca artist, Cassie, who sang the catchy tune named “Town Ting”. There are recreational parks available for cricket, football & another physical activities. A hot spot is the Skating ring which offers roller skating, indoor basketball, cricket and football activities. The area is well protected by the Barataria police service & San Juan fire station. A Health facility is also available for medical assistance when required. It offers ease for commuting to any part of Trinidad as transport from the Bus route, Main Road or Taxi are readily available.

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San Juan
San Juan (pronounced, in the local English dialect, "sah-wah") is a town in Trinidad and Tobago. Located in San Juan–Laventille region in Saint George County, it lies within the East-West Corridor Metropolitan Area, between Barataria and Saint Joseph. The local nightlife includes many pubs and bars along the main streets of San Juan. The nightlife facilities are available daily until approximately midnight, on Fridays and Saturdays nightlife goes until 5am. Aranguez is home to one of the country's most popular savannahs, Aranguez Savannah. Aranguez Savannah hosts major celebrations and events including Holi, Diwali, Eid al-Fitr, Hosay, Carnival, cricket games, and The Samaan Tree Rock Festival among many other live concerts. San Juan is well known for its busy day life as many working class people use this town as an in transit junction. It serves as a main supply for environs as it facilitates business ventures such as markets, groceries, wholesale and other retail shops.

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