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An opportunity to purchase this unique retail unit in close proximity to Douglas town centre. Comprises of a large retail area and wc on the ground floor and three large rooms and a kitchen on the upper floor.
The unit is tenanted by Woodbourne Kitchen on a 4 year lease and is achieving £11,000 per annum. Rent will increase by £1,000 each year, increasing the gross yield to 7.02% by year 4.
Area: 974 sq ft
Residential Sales
T: 01624 623778
E: douglas@chrystals.co.im
Residential Sales
T: 01624 833903
E: porterin@chrystals.co.im
T: 01624 625300
E: douglasrentals@chrystals.co.im
T: 01624 625100
E: commercial@chrystals.co.im
T: 01624 625100
E: commercial@chrystals.co.im
T: 01624 625100
E: rural@chrystals.co.im
Registered Office: Chrystal Bros. Stott & Kerruish Ltd. T/A Chrystals, 31 Victoria Street, Douglas, Isle of Man IM1 2SE
Registered in the Isle of Man No. 34808 | VAT Registration Number: 001090349
Directors: Shane Magee MRICS, Neil Taggart MRICS, Joney Kerruish MRICS & Dafydd Lewis MRICS
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