20 Duke Street, Douglas

  • Asking price: £795,000
Duke Street, Douglas

Overview

  • Commercial
  • Property Type
  • 0   
  • Bedroom
  • 0   
  • Bathroom

Description

  • Investment opportunity
  • Fully tenanted
  • Rental income: £60,920 per annum
  • 7.66% gross yield

A rare opportunity has arisen to purchase this immaculate mixed use investment property situated in a prominent position on Duke Street in Douglas.

Arranged over 5 floors, the property comprises of two retail floor units and three upper floors of modern office space.

Ground floor is split into two units and is tenanted by the Eatery Café and Dye-Namic Hair Studio. The Eatery café is split over two floors including lower ground floor and comprises of 7 rooms on the lower ground floor used for prepping, storage and kitchen areas and main café area providing up to 40 covers on the ground floor. Dye-Namic’s unit is a ground floor unit and comprises of a salon area, massage room and WC. The upper floors are fully tenanted and registered for office use with their own entrance via keypad access. Lease terms available upon request.

Achieving £60,920 per annum with a 7.66% gross yield.

Property Documents

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Details

Updated on June 14, 2023 at 2:31 pm
  • Property ID: DR3286
  • Price: Asking price: £795,000
  • Bedroom: 0   
  • Bathroom: 0   
  • Property Type: Commercial
  • Property Status: For Sale

Additional details

  • Investment opportunity:
  • Fully tenanted:
  • Rental income: £60,920 per annum:
  • 7.66% gross yield:
  • Address Duke Street
  • Area Douglas

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