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3A Regent Street, Douglas Reduced rent: £32,000 per annum Excl.

  • External
    External
  • Ground Floor
    Ground Floor
  • Ground Floor
    Ground Floor
  • Ground Floor
    Ground Floor

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  • Area: 956 sq ft over two floors
  • Freehold offers considered
  • Prime town centre location
  • High passing footfall
  • Excellent trading position
  • Close to M&S, Boots, Thomas Cook and Spar

A rare opportunity to purchase or lease this prominent commercial unit in the main retail area of Douglas, close to Marks & Spencer. The unit extends approximately 956 sq ft over two floors and benefits from an excellent 31' glazed frontage onto Regent Street opposite the Island's main Post Office.


Location

The retail unit occupies an excellent trading position in the main retail district of Douglas on the junction of Duke Street and Strand Street. Regent Street links Strand Street with the Promenade and is close to multiple high street retailers including M&S, Boots, Thomas Cook and Spar.

Accommodation

The premises provides open plan retail area on ground floor with first floor storage partitioned up into various stock rooms having the following dimensions:

Gross frontage - 31' approx.
Gross floor area - 600 sq ft approx.
Shop width - 29'11" approx.
Shop depth - 21'4" approx.

Stairs leading up to first floor storage area:
Stock rooms, kitchen, WC and fire escape to the rear.

Services

Mains services are connected.

Lease Terms

A new lease is available on standard full repairing and insuring terms, subject to upward only rent review every three years. Tenant to pay rates and building's insurance.

Security Deposit

A security deposit equivalent to one quarters rent will be payable upon signing of the lease returnable upon satisfactory lease expiry.

Director's Guarantee

A director's guarantee will be required if the lease is taken in the name of a limited company.

Possession

Vacant possession on completion of all legal formalities.

References

Financial and professional/trade references are required.

Viewing

Strictly by prior appointment through the Agents, Chrystals Commercial.


3A Regent Street
Douglas IM1 2EB
County: Isle Of Man
Sale Type: For Rent
Ref #: C2190

P: 01624 625100

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