Storemann, Old Bus Station, 24 Atholl Street, Peel

Price: £895,000
Property Size: 5067 Sq Ft
Bedroom: 0
Bathroom: 0
Property Type: Business
Property Status: Available

Description

Key Features

Rare opportunity to acquire a self-storage investment opportunity in the heart of Peel.
46 high quality self-storage units over ground and 1st floor mezzanine level with
managers office.
Currently yielding 8.00% at £72,000 per annum exclusive with occupancy at 95% and
potential to increase.
Rents being achieved for self-storage units range from £25 per week, per unit to
£72.50 per week, per unit, depending on the size.

Overview

DESCRIPTION
Former ‘Old Bus Station’ in Peel which currently
houses a self-storage facility with 46 rental units
arranged over ground and 1st floor mezzanine.

Traditional construction with brick façade, roller
shutter door, two timber public access doors,
concrete floor, mezzanine floor, plastisol coated
profile metal sheet roof with roof lights.