11-12 Hope Street, Isle Of Man

  • Asking price: £435,000
Hope Street Douglas, Isle Of Man
For Sale
Hope Street Douglas, Isle Of Man
  • Asking price: £435,000

Overview

  • Commercial
  • Property Type
  • 0   
  • Bedroom
  • 0   
  • Bathroom
  • 1726
  • Sq Ft

Description

  • Investment opportunity
  • Rental income: £25,000 p.a, with rent increases each year
  • Yield 5.74%
  • Area: 1,726 sq ft.
  • Two properties with their own entrance
  • Well maintained throughout

An excellent investment opportunity to purchase two attractive period office properties in a much sought after location within the commercial sector of Douglas, just off Athol Street.

The well maintained properties are tenanted and extend approximately 1,726 sq ft over three floors with four parking spaces to the rear. They benefit from good levels of daylight and have a separate entrance for each property. WC facilities including a disabled toilet.

Rental income: £25,000 per annum, with rent increases each year. Lease is up for renewal in 2026. Yield 5.74%. Tenant pays rates and property insurance.

Property Documents

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Details

Updated on June 14, 2023 at 2:33 pm
  • Property ID: DR2133
  • Price: Asking price: £435,000
  • Property Size: 1726 Sq Ft
  • Bedroom: 0   
  • Bathroom: 0   
  • Property Type: Commercial
  • Property Status: For Sale

Additional details

  • Investment opportunity:
  • Rental income: £25,000 p.a, with rent increases each year:
  • Yield 5.74%:
  • Area: 1,726 sq ft.:
  • Two properties with their own entrance:
  • Well maintained throughout:
  • Address Hope Street Douglas

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