Dalton Street, Douglas
Asking price: £185,000

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2 Dalton Street, Douglas

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  • Close to Douglas town centre
  • Area: 974 sq ft
  • Tenanted achieving £10,000 per annum, with upward increases each year
  • Gross yield 5.04% increasing to 7.02% by year 4

An opportunity to purchase this unique retail unit in close proximity to Douglas town centre. Comprises of a large retail area and wc on the ground floor and three large rooms and a kitchen on the upper floor.

The unit is tenanted by Woodbourne Kitchen on a 4 year lease and is achieving £10,000 per annum. Rent will increase by £1,000 each year, increasing the gross yield to 7.02% by year 4.

Area: 974 sq ft



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Location

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Dalton Street
Douglas IM1 3JU
Sale Type: For Sale
Ref #: DR3212
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere