Market Square, Castletown
Asking price: £930,000

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Manannan House, Market Street, Castletown

  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House
  • Manannan House
    Manannan House

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  • Investment opportunity
  • Area: 7,153 sq ft
  • Fully tenanted
  • Rental income: £76,740 per annum
  • Occupies one of the most prominent locations on Market Square

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.



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Location

Market Square
Castletown IM9 1RB
Sale Type: For Sale
Ref #: DR3935
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere