For Sale
Dalton Street, Douglas
Overview
- Commercial
- 0
- 0
- 974
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
Open on Google Maps- Address Dalton Street
- Area Douglas
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