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