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Mona Cottage, Marathon Terrace, Queens Promenade, Douglas Asking Price £299,950

Sold STC
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  • Mixed-use Investment
  • Tenanted Ground Floor Retail Unit
  • 3 Bedroom Split Level Apartment Above
  • Superb Sea Views
  • Rear Garage
  • Ideal for Owner Occupier Looking to Generate Further Income Through Retail Unit

A unique mixed-use investment property comprising ground floor retail unit and 3 bedroom split level apartment above. Located on Queens Promenade, the property enjoys superb sea views over Douglas Bay. Ideal for an owner occupier who would like extra income generated from the tenanted retail unit.


Mona Cottage, Marathon Terrace, Queens Promenade, Douglas
IM2 4NH
County: Isle of Man
Sale Type: Sold STC
Ref #: C2192

Location

Travelling along Queens Promenade, continue past the Rutland Hotel where a terrace of shops can be found on your left. Mona Cottage is the second property along, neighbouring TT Shirts.com. Crossley's Travel Agents operate in the ground floor retail unit.

Accommodation

The property comprises ground floor retail unit and a self-contained 3 bedroom split level apartment above.

Ground Floor Retail Unit
Comprises open plan retail area extending approx 570 sq ft with rear store room and WC. The unit benefits from attractive glazed frontage and suspended ceiling.

3 Bedroom Split Level Apartment
Stairs from street level to hallway;
Stairs down to basement.
Stairs up to; large lounge with access into roof terrace; dining room, kitchen, utility room, garage and yard to the rear.

Upstairs to;
Bedroom 1 - double.
Bedroom 2 - double.
Bedroom 3 - double.
WC/Bathroom.

Upstairs to;
Attic space.

Rent

Ground Floor Retail Unit
Tenanted by Crossley's Travel Agents at a passing rent of £6,000 per annum.

3 Bedroom Split Level Apartment
Currently vacant, however estimated rental income of £1,000 pcm, totalling £12,000 per annum.

Services

Mains services are connected. Gas fired central heating.

Possession

Sold subject to existing tenancies and on completion of all legal formalities.

Viewing

Strictly by prior appointment through the Sole Agents, Chrystals Commercial.


Mona Cottage, Marathon Terrace, Queens Promenade, Douglas
IM2 4NH
County: Isle of Man
Sale Type: Sold STC
Ref #: C2192
Name Location Type Distance
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