Shore Road, (Promenade Site), Peel

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Available

£695,000

Overview

Investment
Property Type

0
Bedroom

0
Bathroom

Description

Key Features

An exciting opportunity to purchase a unique commercial site in the heart of Peel, fronting
onto the Promenade and Stanley Road.
The buildings currently houses a car showroom and adjoining workshop (let), an L-shaped
complex with 11 lock up garages, open forecourt with car wash, management office and
former first floor apartment.

Overview

Location
Situated in an enviable location with views across Peel Bay to the Castle, the site is within easy distance of
all amenities in the town. The site lies within the Town’s Conservation Area and in area of ‘mixed use’ on
the Peel local plan 1990.
Accommodation
• Front Showroom and Workshop fronting onto Peel Promenade.
• Rear complex of garages, offices and former first floor living accommodation, with adjoining
forecourt/car park.
Development Potential
The site offers excellent potential, subject to planning approval as a redevelopment opportunity.
Existing Use
The existing income from the showroom (£15,000 pa) and the garages (£12,120 pa) offers a new owner an
immediate income, with further opportunities to lease additional areas.
Viewing
For further details and viewing arrangements, please contact the sole agents Black Grace Cowley Limited.
Additional Land
Offers may also be considered for the former workshop and land (in the same ownership) further up Stanley
Road, (separate asking price of £695,000 stc) which also offers redevelopment or existing use potential (subject to beneficial planning approval).