3 Market Hill, Douglas

An exciting opportunity has arisen to purchase this mixed use investment property situated in a prominent position on Market Hill in Douglas.

Arranged over 5 floors, the property comprises of a delightful restaurant over 4 floors and a good sized top floor apartment.

The spacious restaurant comprises of a restaurant area split over 3 floors with one of the floors used for functions, kitchen and basement for storage.

A good sized apartment comprising of a lounge with an open plan kitchen, bedroom and bathroom.

Both units are tenanted by Full Moon Thai since June 2022 on a 10 year lease with a 5 year break clause. Rent: £30,000 per annum, with rent reviews on the 2nd, 4th and 7th anniversaries to be not less than 10%. Tenant pays the rates and building insurance.