FREEHOLD COMMERCIAL UNIT IN THE HEART OF FRIGATE BAYST. KITTS, WEST INDIES

Price on Application

Successfully operated as PJ’sRestaurant for 27 years, andpresently leased, thiscommercial unit suited to avariety of uses, is in the centerof the upscale residential andtourist hub of St. Kitts. A rareto market opportunity for arestauranteur, investor orretailer.

SituatedonZenwayBoulevard,afewminutesstrollfromtheStKittsMarriottResort&Casino,RoyalStKittsHotelandthemajorityofcondominiumandvilladevelopmentsontheisland.

Property Details:

Freehold building situated on the ocean front, Island Paradise Beach Villagedevelopment, plus 3.437% interest in the fully landscaped 5 acres. Sharedcustomer parking and direct frontage onto the main tourist thoroughfare.

The flexible interior space can be readily adapted to alternative commercialuses and will be of particular interest to purchasers seeking prime retailspace.

Furniture, fixtures, fittings and equipment are available by separatenegotiation, and the present lease arrangements may be transferred ifpreferred.

Building Specifications

2,203 sq. feet (204.67 sq. m.) separated into:

Front dining area 671 sq. ft. (62.34 sq. m.)

Rear dining area 721 sq. ft. (66.98 sq. m.)

Bar area 224 sq. ft. (20.81 sq. m.)

Kitchen 320 sq. ft. (29.73 sq. m.)

Bathrooms & 267 sq. ft. (24.81 sq. m.)

additional areas

Utilities, Assessments & Fees

Connected services include Government mainswater & electricity - both metered.

Monthly HOA fees are USD $1015.00 andinclude: Maintenance to the outside of thebuilding including roof, roadways, parking lot,septic tanks , soak-a-ways, landscaping,grounds & communal swimming pool.Annual Government Property Tax USD$576.60

Located in the Central Caribbeanat the northern end of theLeeward Islands. The island covers69 sq. miles with a population ofaround 40,000. English is theofficial language.

Tourism is the corner-stone of theeconomy with 115,000 residentvisitors plus cruise ship & yachtvisitors during 2015*

Direct flights operate to/fromLondon & the main cities from theUS with connections to majordestinations around the world.

Inter island flights operate throughthe hubs of Antigua, St Martin andPuerto Rico.

*Source Government Statistical Office.

Frigate Bay featuring 3 luxury hotels, the Royal St. Kitts Golf Course & Frigate Bay Strip

AdditionalInformationonSt.Kitts: www.stkittstoursim.knwww.investstkitts.kn