Strand Street, Douglas, IM1 2EF

  • £800,000
Strand Street, Douglas, IM1 2EF

Overview

  • Investment, Retail Property
  • Property Type
  • 0
  • Bedroom
  • 0
  • Bathroom

Description

A freehold interest available in a single mid terrace prime high street property subject to a current tenant.

This area has benefitted from the regeneration program and the redevelopment and relocation of major high street retailers over recent years.

Details

Accommodation

Ground Floor: 1,053 sq ft NIA (767 sq ft ITZA)
Office: 57 sq ft approx NIA
Store: 392 sq ft approx NIA
Rear Store: 89 sq ft approx NIA
First Floor: 1,252 sq ft approx NIA
Second Floor: 942 sq ft approx NIA
Third Floor: 389 sq ft approx NIA

Lease Terms

Tenant: Cygnet Group PLC
Rental: £73,500 Per Annum
Lease Term: 24th June 2017 to 23rd June 2022
Full Repairing and Insuring

Viewing strictly through DeanWood Management Limited

Jimmy McWhinnie – 01624 611007 opt 2 – jmcwhinnie@deanwood.im

Services & Rates

Mains water, electricity and drainage are connected to the premises.

Details

Updated on June 14, 2023 at 3:26 pm
  • Property ID: 1508
  • Price: £800,000
  • Bedroom: 0
  • Bathroom: 0
  • Property Type: Investment, Retail Property
  • Property Status: For Sale

Additional details

  • Prime Town Centre Location:
  • Current Rental £73,500 per annum:
  • Adjacent Major High Street Occupiers including WH Smith, :
  • Clarks, Mountain Warehouse, TK Max & Next:
  • Established Occupiers:
  • Potential to Redevelop:
  • Address Strand Street, Douglas, IM1 2EF

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  • Property Tax
  • Home Insurance
  • PMI
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