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An opportunity has arisen to purchase this freehold prime office building occupying a prominent position in the main financial and office area in Douglas.
St George’s Tower comprises a modern steel frame building of some 11,397 sq ft constructed in 2013 which has raised access floors, suspended ceilings with recessed lighting, and 3 pipe fan coil heating and cooling systems. The building has an attractive entrance foyer and common parts and is served by a lift. The top floor office has private access on to a roof terrace which provides panoramic views over the surrounding countryside. 10 onsite parking spaces are provided in the basement.
Current rent of £48,243 per annum with an additional potential rent of £209,306 per annum following the leasing of the vacant floors and 10 car parking spaces. Total passing and potential rent £257,549 per annum.
St George’s Tower occupies a prominent position on the corner of St George’s Street and Hope Street and is a short distance away from Athol Street.
The four floors provide modern office accommodation with raised access flooring, suspending ceiling with recessed lighting and 3 pipe fan coil heating and cooling systems.
There are a total of 10 on-site car parking spaces available.
All mains services are connected.
Vacant possession on completion of all legal formalities.
Strictly by prior appointment through the Agents, Chrystals Commercial.
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