2a Windsor Road, Douglas

  • Asking price: £89,750

Overview

  • Commercial
  • Property Type
  • 0   
  • Bedroom
  • 0   
  • Bathroom
  • 279
  • Sq Ft

Description

  • Investment opportunity
  • Annual rental income of £8,100
  • 9.02% gross yield
  • Area: 279 sq ft

An excellent opportunity has arisen to purchase this tenanted leasehold property in a prominent position in the centre of Douglas close to the local shopping destination of Prospect Terrace.

The self-contained retail unit comprises of a ground floor retail area, kitchen, WC and treatment room totalling 279 sq ft. The unit is leased by Serendipity Beauty on a 4 year lease on a passing rent of £8,100 per annum until 31st August 2025. From the 1st September 2025, the rent increases to £8,400 per annum.

Details

Updated on December 25, 2023 at 8:29 pm
  • Property ID: DR3600
  • Price: Asking price: £89,750
  • Property Size: 279 Sq Ft
  • Bedroom: 0   
  • Bathroom: 0   
  • Property Type: Commercial
  • Property Status: For Sale

Address

  • Area Douglas

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