Isola, John Street, Douglas

  • Asking price: £560,000
John Street, Douglas

Overview

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

Description

  • Excellent investment opportunity
  • Long term tenant
  • Successful Italian restaurant
  • Rental income of £36,000 per annum
  • Prime town centre location
  • Rustic accommodation over 3 floors

INVESTMENT OPPORTUNITY

A unique opportunity to purchase a freehold property in central Douglas. The property is leased to Isola Restaurant.

The well established restaurant business has been open since 2005 and has 10 years left remaining on the lease. The restaurant offers a takeaway service via its courtyard takeaway truck.

Annual rental income of £36,000. Yield 6.42%.

Property Documents

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Details

Updated on June 14, 2023 at 2:32 pm
  • Property ID: C2211
  • Price: Asking price: £560,000
  • Bedroom: 0   
  • Bathroom: 0   
  • Property Type: Commercial
  • Property Status: For Sale

Additional details

  • Excellent investment opportunity:
  • Long term tenant:
  • Successful Italian restaurant:
  • Rental income of £36,000 per annum:
  • Prime town centre location:
  • Rustic accommodation over 3 floors:
  • Address John Street
  • Area Douglas

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