Bowring Road, Ramsey
Asking price: £260,000

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1 Bowring Road, Ramsey

New Property
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey
  • 1 Bowring Road, Ramsey
    1 Bowring Road, Ramsey

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  • Situated in a prime location
  • Ground floor retail unit and 1 bedroom apartment
  • Potential rent of £16,800 per annum when fully let
  • Mixed use investment

An exceptional investment opportunity awaits with this prime mixed-use property, ideally located in the bustling heart of Ramsey. This property offers a perfect blend of commercial and residential space, providing both immediate rental income and long-term potential.

On the ground floor, you'll find a modern retail unit, extending over 454 sq ft. The space boasts an open plan retail area, ideal for a variety of businesses, alongside a well-equipped kitchen, preparation area, and WC. It's designed for efficiency and practicality, ready to accommodate a thriving business in this high-traffic location.

The first floor houses a charming one-bedroom apartment, currently tenanted and generating a steady rental income of £550 per month on a 12-month lease. The apartment features a cozy lounge, a functional kitchen, a shower room with WC, and a comfortable bedroom, making it an appealing residence for tenants.

This property has been thoughtfully upgraded with recent refurbishments, including a brand-new kitchen, updated flooring, modern electrics with 3-phase power, and ample sockets throughout. Each unit is self-contained, serviced by gas, and offers independent access. A new roof was also installed just five years ago, ensuring minimal maintenance concerns for the foreseeable future.

This is a rare chance to acquire a well-maintained, income-producing property in a prime location. Perfect for investors seeking both retail and residential opportunities, this property promises strong returns and future growth potential.



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Location

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Bowring Road
Ramsey IM8 2LQ
County: Iom
Sale Type: For Sale
Ref #: DR4103
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere