6 Victoria Street, Douglas
Asking price: £1,050,000

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6 Victoria Street, Douglas

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  • Mixed-use investment
  • Retail unit, 4 apartments and 2 office suites
  • Fully tenanted and achieving £81,600 per annum
  • Gross yield 7.77%

An opportunity to acquire this attractive mixed use investment property situated in a prime central location of Victoria Street.

The property comprises of a retail unit split over two floors, 4 apartments and 2 office suites. Fully tenanted and achieving £81,600 per annum with a gross yield of 7.77%.

Tacoma lease the basement, ground floor and first floor office on a 10 year tenancy. Sale does not include the business.

Apartments are finished to a modern high standard and benefit from suspended floors and ceilings. Tenants are on annual tenancies.


Location

The property occupies a prime central location on Victoria Street, the main thoroughfare leading through the business and retail sector of the town. Victoria Street is one of the most established commercial locations on the Island.

Services

The property is connected to all mains services.

Possession

The property will be sold subject to existing tenancies and on completion of all legal formalities.

Viewing

Strictly by prior appointment through the Agents, Chrystals Commercial.


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Location

6 Victoria Street
Douglas IM1 2LH
County: Isle of Man
Sale Type: For Sale
Ref #: DR3138
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere