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71 Strand Street, Douglas Asking price: £295,000

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  • Prime central location
  • Gross yield 8.4%
  • Parking at the rear
  • Rental income: £25,000

A unique investment opportunity has arisen to purchase a tenanted retail unit in the centre of the main retail area in Strand Street, Douglas.

71 Strand Street is in a prominent location close to many of the high street retailers. The property provides ground floor retail and ancillary accommodation, with storage space on the first floor level.

Ground floor 506 sq ft

First floor 174 sq ft

The property benefits from one car parking space at the rear.

Current rental income: £25,000 per annum. Landlord pays the rates and building insurance. In November 2021, the rent will change to £23,000 per annum with the tenant paying the rates and building insurance.



71 Strand Street
Douglas IM1 2EN
County: Isle Of Man
Sale Type: For Sale
Ref #: DR1975

P: 01624 625100

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