The Pinewood Complex

  • £2,444,000
Featured Available
The Pinewood Complex

Overview

  • Investment
  • Property Type
  • 0
  • Bedroom
  • 0
  • Bathroom
  • 13053
  • Sq Ft

Description

Key Features

  • Commercial investment site in the heart of Douglas
  • Largely tenanted
  • Twelve residential apartments
  • Social club, community space and two commercial units
  • Private onsite parking

Overview

A unique opportunity to acquire a mixed-use investment property in the heart of Douglas.

The property comprises 12 refurbished residential apartments, the Pinewood Social Club, a popular Function Room and Gymnasium, lock-up storage unit and three self-contained retail units. The majority of the building is tenanted, held under short-term leases.

The gross income is £119,000 per annum exclusive. A full schedule of the rental income is available on a ‘Strictly Confidential’ basis upon enquiry.

The property is available as a single investment, or on an individual unit basis. Consideration will also be given to selling the Commercial or Residential elements as separate investments.

Details

Updated on June 16, 2023 at 1:01 pm
  • Price: £2,444,000
  • Property Size: 13053 Sq Ft
  • Bedroom: 0
  • Bathroom: 0
  • Property Type: Investment
  • Property Status: Available
  • Address The Pinewood Complex

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