About this Property
🔷Erin Road Penal Commercial Building for Sale $8,000,000 negotiable
🔸Three storey income generating property situated on 5210sf of land, seconds from Penal Junction. Location on Corner Dookie Street and Erin Road Penal.
🔸Total building size 7000sf, fully tenanted as follows:
-Lower ground floor- Photo Studio and Barber Shop
-Ground Floor- Boutique, Restaurant and Bar, Donut Shop and Optical.
-First Floor- Family Medical Centre and Dental.
-Total rent currently received $50,000 per month.
🔸This building is never vacant and very easy to fill vacant spots.
🔸Eleven (11) toilets, security cameras, tanks, fully air-conditioned.
🔸Recent valuation on hand completed by GA Farrell & Associates to justify the price
🔷Please call 716-2965 or 295-9992 for more information
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.
