John Street, Douglas
Asking price: £560,000

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Isola, John Street, Douglas

  • Photo 14
    Photo 14
  • Photo 15
    Photo 15
  • Ground Floor Dining Area
    Ground Floor Dining Area
  • Ground Floor Dining Area
    Ground Floor Dining Area
  • Ground Floor Dining Area
    Ground Floor Dining Area
  • First Floor Dining Area
    First Floor Dining Area
  • First Floor Dining Area
    First Floor Dining Area
  • First Floor Dining Area
    First Floor Dining Area
  • First Floor Dining Area
    First Floor Dining Area
  • Lower Ground Floor Dining Area
    Lower Ground Floor Dining Area
  • Kitchen
    Kitchen
  • Kitchen
    Kitchen
  • Lower Ground Floor Dining Area
    Lower Ground Floor Dining Area
  • Photo 15
    Photo 15

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  • Freehold restaurant property
  • Situated in the heart of Douglas
  • Split across four floors
  • Potential for a different use
  • Area: 2,517 sq ft
  • Fully equipped commercial kitchen and four cosy dining areas

A rare opportunity to purchase a freehold restaurant property situated in the heart of Douglas. The property is one of the capital’s oldest buildings and is located a few minutes walk from the city’s main retail area.

Premises are split across four floors and comprises of four cosy dining areas including some private dining rooms which are ideal for functions, fully equipped commercial kitchen with an additional pizza cooking and prep area, plenty of storage rooms and outbuilding and a courtyard.

Area: 2,517 sq ft. Can comfortable seat c58 covers.


Location

Centrally located in the heart of Douglas, the property can be found just off Ridgeway Street along John Street.

Internal Accommodation

The property comprises three floors of dining catering for up to 60 covers, kitchen, store rooms, office area and side yard with further outside store.

Ground Floor
Comprises a beautifully rustic reception leading into the main dining area that extends to approximately 340 sq ft. A spacious open plan bar area overlooks the middle of the dining area.
Corridor leads to kitchen, separate wash room and enclosed storage area to the rear.

First Floor
Stairs lead to two further private dining rooms. Separate ladies and gents WC's are located on this floor.

Second Floor
Stairs to second floor office and store room with unused bathroom.

Lower Ground Floor
From ground level, stairs lead to dining area of approximately 360 sq ft.

Outside

A cobbled courtyard is located to the side of the property currently used as a car parking space with potential to develop and extend the restaurant further.

Door to outside store extending approximately 210 sq ft located at the rear comprising a large walk in fridge and further storage area.

Services

All mains services are connected. Gas fired central heating.

Business

The business including goodwill and equipment is for sale at an asking price of £75,000.

Inventories of the installations and furnishings will be supplied prior to exchange of contracts.

Lease

A new lease is being offered on full repairing insuring terms with a preferred term of 5+ years.

The asking rent is £36,000 per annum exclusive.

Legal Costs

Each party to pay their own legal costs.

Further Information

Copies of the last three year's trading accounts are available on request by agreement with the owner.

Viewing

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


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Location

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John Street
Douglas IM1 1EF
County: Isle of Man
Sale Type: For Sale
Ref #: C2211
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere