Isle of Man Business Park, Cooil Road, Braddan
Asking price: £1,100,000 Excl.

Island House, Isle of Man Business Park, Braddan

Sold STC
  • Exterior
    Exterior
  • Main Entrance
    Main Entrance
  • Ground Floor Lobby
    Ground Floor Lobby
  • Stairs leading to first floor
    Stairs leading to first floor
  • First Floor Suite
    First Floor Suite
  • First Floor Suite
    First Floor Suite
  • First Floor Suite
    First Floor Suite
  • First Floor Suite
    First Floor Suite
  • First Floor Suite
    First Floor Suite
  • First Floor Suite
    First Floor Suite
  • First Floor Suite
    First Floor Suite
  • First Floor Suite
    First Floor Suite
  • First Floor Suite
    First Floor Suite
  • First Floor Suite
    First Floor Suite
  • First Floor Suite
    First Floor Suite
  • First Floor Lobby
    First Floor Lobby
  • Stairs leading to second floor
    Stairs leading to second floor
  • Second Floor Suite
    Second Floor Suite
  • Second Floor Suite
    Second Floor Suite
  • Second Floor Suite
    Second Floor Suite
  • Second Floor Suite
    Second Floor Suite
  • Second Floor Suite
    Second Floor Suite
  • Second Floor Suite
    Second Floor Suite
  • Second Floor Suite
    Second Floor Suite
  • Second Floor Suite
    Second Floor Suite
  • Second Floor Lobby
    Second Floor Lobby

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  • Purpose Built Modern Offices
  • Area: 5,207 sq ft
  • Rent: £62,182 per annum with a potential to increase to £97,382 when fully let
  • Potential gross yield of 8.85% when fully let
  • 33 onsite parking spaces
  • Located in Popular Business Park Location

A unique opportunity has arisen to purchase this prime freehold office building occupying a prominent position in the prestigious Isle of Man Business Park.

Split over 3 floors, Island House comprises of a modern grade A office of 5,207 sq ft benefiting from raised access floors, suspended ceilings, LED lighting, door entry system, heating and cooling systems, excellent natural light, attractive entrance foyer and common parts and is served by a lift. High specification finishes both internally and externally. 33 onsite parking spaces are provided at the front of the building.

Current rent of £62,182 per annum with a potential rent of £97,382 per annum following the leasing of the vacant first floor. Potential gross yield of 8.85% when fully let.



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Location

Isle of Man Business Park Cooil Road
Braddan IM2 2QZ
Sale Type: Sold STC
Ref #: DR3804
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere