Hope Street, Douglas
Asking price: £2,950,000 Excl.

An opportunity has arisen to purchase this freehold prime office building occupying a prominent position in the main financial and office area in Douglas.

St George’s Tower comprises a modern steel frame building of some 11,397 sq ft constructed in 2013 which has raised access floors, suspended ceilings with recessed lighting, and 3 pipe fan coil heating and cooling systems. The building has an attractive entrance foyer and common parts and is served by a lift. The top floor office has private access on to a roof terrace which provides panoramic views over the surrounding countryside. 10 onsite parking spaces are provided in the basement.

Current rent of £48,243 per annum with an additional potential rent of £209,306 per annum following the leasing of the vacant floors and 10 car parking spaces. Total passing and potential rent £257,549 per annum.