6 Victoria Street, Douglas

  • Asking price: £1,050,000
6 Victoria Street, Douglas
For Sale
6 Victoria Street, Douglas
  • Asking price: £1,050,000

Overview

  • Commercial
  • Property Type
  • 0   
  • Bedroom
  • 0   
  • Bathroom

Description

  • Mixed-use investment
  • Retail unit, 4 apartments and 2 office suites
  • Fully tenanted and achieving £82,560 per annum
  • Gross yield 7.86%

An opportunity to acquire this attractive mixed use investment property situated in a prime central location of Victoria Street.

The property comprises of a retail unit split over two floors, 4 apartments and 2 office suites. Fully tenanted and achieving £82,560 per annum with a gross yield of 7.86%.

Tacoma lease the basement, ground floor and first floor office on a 10 year tenancy. Sale does not include the business.

Apartments are finished to a modern high standard and benefit from suspended floors and ceilings. Tenants are on annual tenancies.

Property Documents

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Details

Updated on June 14, 2023 at 2:31 pm
  • Property ID: DR3138
  • Price: Asking price: £1,050,000
  • Bedroom: 0   
  • Bathroom: 0   
  • Property Type: Commercial
  • Property Status: For Sale

Additional details

  • Mixed-use investment:
  • Retail unit, 4 apartments and 2 office suites:
  • Fully tenanted and achieving £82,560 per annum:
  • Gross yield 7.86%:
  • Address 6 Victoria Street
  • Area Douglas

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