Strand Street, Douglas
Offers in excess of £2,250,000

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68-72 Strand Street, Douglas

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  • Area: 10,416 sq ft
  • Tenanted on a 10 year lease from June 2022
  • Rent: £175,000 per annum
  • Upward only open market rent review

A unique investment opportunity to purchase a tenanted modern three storey purpose built retail unit in a prime trading position on Strand Street.

Tenanted to Mountain Warehouse on a 10 year lease beginning June 2022. Rent: £175,000 per annum. Upward only open market rent reviews.

The property comprises of a sales accommodation on the ground floor and first floor and staff and stock facilities on the second floor. It has been fitted out to a high specification the high quality design incorporates an impressive double height glazed frontage.

Dimensions:

Ground Floor

Sales area 3,535 sq ft

First Floor

Sales area 3,359 sq ft

Ancillary 120 sq ft

Second floor

Stockroom 2,976 sq ft

Staff 426 sq ft

All floors are linked by a lift and bespoke sales staircase.

Facilities include WC’s on 1st and 2nd floors, disabled WC, two changing rooms, CCTV, staff finger print recognition and heating & air conditioning system.



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Location

Strand Street
Douglas IM1 2EW
Sale Type: For Sale
Ref #: DR2480
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere