About this Property
Located along the San Francique Road in Penal is this commercial and residential property. The commercial building is at the front of the compound and comprises of two commercial spaces. One space is currently tenanted and holds a restaurant and bar, and the other space has a truck parts supply business which is owned by the seller and is included as part of this package.
The residential building has 3 bedrooms, one master with en-suite, and two additional bathrooms. This home has two kitchens, one indoor and one outdoor for making those big meals when entertaining. The living area is an open concept, and the entire home is air conditioned. There is also a small, enclosed porch to the front of the home for relaxing.
These buildings sit on one acre of land which allows a lot of space for expansion. The land to the back of the compound currently has numerous fruit bearing trees like oranges, grapefruits, mangoes, and coconuts. The land is flat and is slightly above road level and it can easily be cleared if you’re looking to make the home bigger or create more income-generating spaces on this compound.
This property can give you the luxury to live comfortably knowing that you and your family will be financially secure for generations to come with the income generated.
Come and have a look with us today!
Summary:
Commercial Building – 2 spaces:
(1) Rest & Bar with kitchen and 2 Toilets – Rental
(2) Truck Parts Supply Shop – registered and owned by Mr. Charlie – this business is included in the purchase
price. Stocks, however, will have to be negotiated.
Residential Building:
3 bedrooms, 3 bathrooms (Master En-Suite)
2 kitchens (one indoor, one outdoor)
About the Region
Penal
Penal is a town in south Trinidad, Trinidad and Tobago. It lies south of San Fernando, Princes Town, and Debe, and north of Moruga, Morne Diablo and Siparia. It was originally a rice- and cocoa-producing area but is now a rapidly expanding and developing town. The heart of Penal contains many businesses while the outskirts focus on agricultural development. Penal has a market, police station, branches of three banks (Scotiabank, Republic Bank and First Citizens Bank) health facilities, grocery stores, convenience stores, bars, fast food restaurants, service stations, restaurants, puja stores, an Indian expo, and clothing stores.
Penal plays a major role in the energy supply to the nation's populace. Petrotrin, the national oil company, has a major sub-unit in Clarke Road and the National Gas Company has gas lines running through Penal that links the gas fields of the South East Coast and the industrial estates. One of the countries three major power generating plants owned by Powergen Ltd is located at Syne Village to the west of Penal. David Williams – West Indies Cricketer & Drupatee Ramgoonai- Chutney and Chutney Soca singer are both from Penal Trinidad.
