3 High Street, Port St. Mary

An opportunity has arisen to acquire a good sized mixed use freehold property comprising of two retail units and 2 x 2 bedroom flats.

The two retail units are connected via a corridor at the rear and were former beauty treatment rooms. They comprise of three treatment rooms, two shower/wet rooms and a WC. Potential to be used for a variety of purposes and are situated close to the centre of Port St Mary village. Both units are vacant.

The upper floors comprise of 2 x 2 bedroom flats with their own access. The flats benefit from a lounge, 2 bedrooms, kitchen, WC and shower room. Flat 1 is vacant and flat 2 is tenanted achieving £625 per month. Potential for rent growth with modernisation.

Potential rental income of £36,000 per annum when fully let, with a potential 8.37% yield.