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