Retail premises for sale in Prospect Terrace, Douglas, Isle Of Man IM1

£350,000
Interested in this property? Call +44 330 038 9935 * or Request Details

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Retail premises for sale

Property features

  • Mix of Commercial and Residential Investment / One Shop Two Flats
  • Situated in Upper Douglas with High Pedestrian Traffic
  • Potential Yield if Fully Let Circa £33,000pa Gross
  • Parking to the Rear

Property description



Description & Accommodation
This is a four storey mid terrace mixed use building comprising of a ground floor retail unit with external car parking. Via a separate entrance there is a First Floor 1 Bedroom permanent residential Flat and a Second Floor 2 bedroom permanent residential flat.

The self contained Ground Floor retail unit consists of a front and rear retail area comprising approx. 370 sq. Ft net internal area and a rear storage area of approx. 215 sq.ft. With WC and wash hand basin.

First Floor: Flat 1 comprises—reception room, hall, kitchen, bathroom and bedroom with gross internal area of approx. 431 sq. Ft. This is a one person occupation flat.
Second Floor: Flat 2 is a duplex and comprises a large reception room, kitchen, 2 bedrooms and a bathroom.

The property benefits from individual gas fired central heating to the residential flats with certified electrical installations. There is a full fire alarm system comprising of alarm points, sounders, heat and smoke detectors.

Windows are PVC double glazed and the residential units appear generally in good tenantable order. Both flats are presently vacant.

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For more information about this property, please contact
Dean Wood, IM1 on +44 330 038 9935 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Dean Wood, and do not constitute property particulars. Please contact Dean Wood for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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