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Town Area

Ref: CO482

£3,500,000

New Instruction

At a Glance

  • Ideal location
  • Excellent potential
  • In need of refurbishment
  • Freehold
  • Rare opportunity
  • Colonial features
  • Planning permission
  • Site footprint of 335sqm

Specifications

  • Interior Size: 670m2

Outgoings

  • Service charges: N/A
  • Rates: TBC

Description

Welcome to Calpe Lodge,

An early eighteenth-century Freehold building brimming with original colonial features. Calpe Lodge is located in the heart of the Town on Governor's Parade. A stone's throw away from South Central Main Street (with an abundance of retail shops, cafeterias & restaurants) and within walking distance to other landmarks in Gibraltar such as the emblematic Garrison Library and The Elliot Hotel.

The property has full planning permission for a 61-room hotel scheme combining a second freehold property named Albany House (particulars and asking price through separate negotiation) in an adjoining plot of land that currently offers 189sqm of land space, which would interconnect with Calpe lodge via its easterly boundary wall. Whilst Calpe Lodge can be developed as a standalone 31-bedroom hotel, Albany House would offer the potential to include a further 30-bedrooms and with permission to increase its footprint to around 716sqm within a seven-story building.

Please request the hotel scheme's specifics.

Alternatively, Calpe Lodge & Albany House would also be very suitable for 2 Residential & Commercial Schemes. Architectural Drawings are already in place for both schemes. Albany House Revised Plans were approved recently by Development & Planning Commission Sub-Committee for which formal permits are awaited, Calpe Lodge Scheme is currently in an advanced stage of the planning permission process.

The Scheme at Calpe Lodge would include the addition of two floors with a new roof top terrace to include a gym, sun lounge deck, pool and terraced areas. The Scheme further affords the potential to create a large basement area which has been designated to be used for conference rooms, meeting rooms and basement stores. It also offers a cafeteria, bar, kitchen, and reception area at ground floor entrance level.

A gem in the heart of the old town of Gibraltar that deserves to be saved and restored. The ideal location for a boutique heritage hotel that would benefit from retaining its historic features in order to offer its clients a hotel experience, the likes of which do not yet exist on the Rock.

A one of a kind opportunity!

Don't miss out and book your viewing now.

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