Overview
- Commercial
- 0
- 0
- 279
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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