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This exceptional investment opportunity allows you to acquire a historically significant former Town Hall with breathtaking views of Castle Rushen. Ideally located within walking distance of all Castletown's amenities, the property is just a few minutes' drive from the airport and only 15 minutes from Douglas City Centre.
Located prominently on Market Square, this five-story building has undergone meticulous refurbishment to provide top-tier retail and leisure facilities. Fully tenanted, the property hosts CoffeeCraft Limited on part of the ground floor and basement, while Evolution Fitness Limited occupies the rest of the building. The property also includes five parking spaces situated at the rear.
The property generates a current passing rent of £76,740 per annum, yielding a gross yield of 8.25%. For more information or to arrange a viewing, please contact us today.
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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