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An excellent investment opportunity to purchase two attractive period office properties in a much sought after location within the commercial sector of Douglas, just off Athol Street.
The well maintained properties are tenanted and extend approximately 1,726 sq ft over three floors with four parking spaces to the rear. They benefit from good levels of daylight and have a separate entrance for each property. WC facilities including a disabled toilet.
Rental income: £25,000 per annum. Lease is up for renewal in 2023. Yield 5.74%. Tenant pays rates and property insurance.
T: 01624 623778
T: 01624 833903
T: 01624 625300
T: 01624 625100
Registered Office: Chrystal Bros. Stott & Kerruish Ltd. T/A Chrystals, 31 Victoria Street, Douglas, Isle of Man IM1 2SE
Registered in the Isle of Man No. 34808 | VAT Registration Number: 001090349
Directors: Shane Magee MRICS, Neil Taggart MRICS, Joney Kerruish MRICS & Dafydd Lewis MRICS