2 Dalton Street, Douglas

  • Asking price: £185,000
Dalton Street, Douglas

Overview

  • Commercial
  • Property Type
  • 0   
  • Bedroom
  • 0   
  • Bathroom
  • 974
  • Sq Ft

Description

  • Close to Douglas town centre
  • Area: 974 sq ft
  • Tenanted achieving £10,000 per annum, with upward increases each year
  • Gross yield 5.04% increasing to 7.02% by year 4

An opportunity to purchase this unique retail unit in close proximity to Douglas town centre. Comprises of a large retail area and wc on the ground floor and three large rooms and a kitchen on the upper floor.

The unit is tenanted by Woodbourne Kitchen on a 4 year lease and is achieving £10,000 per annum. Rent will increase by £1,000 each year, increasing the gross yield to 7.02% by year 4.

Area: 974 sq ft

Property Documents

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Details

Updated on June 14, 2023 at 2:34 pm
  • Property ID: DR3212
  • Price: Asking price: £185,000
  • Property Size: 974 Sq Ft
  • Bedroom: 0   
  • Bathroom: 0   
  • Property Type: Commercial
  • Property Status: For Sale

Additional details

  • Close to Douglas town centre:
  • Area: 974 sq ft:
  • Tenanted achieving £10,000 per annum, with upward increases each year:
  • Gross yield 5.04% increasing to 7.02% by year 4:
  • Address Dalton Street
  • Area Douglas

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