Circular Road, Douglas
Asking price: £1,950,000 Excl.

Atlantic House presents an outstanding freehold office investment opportunity in the heart of Douglas’s bustling financial and commercial district. Situated near the busy junction of Circular Road and Prospect Hill, this prominent office building offers exceptional visibility and accessibility, positioned just moments from Strand Street, the island's primary retail area, home to popular brands like M&S, TKMaxx, WH Smith, Boots, and JD Sports. A short walk brings you to Victoria Street and the picturesque North Quay, which boasts a lively marina with some of Douglas's finest restaurants and bars.

Atlantic House is a premier, multi-let office building constructed with a modern steel frame and designed to accommodate high-spec business needs. Spanning approximately 16,663 sq ft across five well-appointed floors, the property features raised access floors, suspended ceilings with integrated lighting, and efficient mechanical ventilation, all contributing to a functional and comfortable workspace. An elegant entrance foyer welcomes tenants and guests, leading to an Otis lift servicing all floors. Atlantic House also includes highly coveted onsite parking, accommodating up to 26 vehicles in the basement and at the rear of the property.

The building currently generates an annual rental income of £156,562, with the potential to achieve £299,475 per annum when fully let. This offers an attractive opportunity for investors seeking to maximise rental returns, as well as owner-occupiers looking to occupy part or all of the building, or purchasers wishing to combine their own business premises with an investment opportunity.

Atlantic House is offered at an asking price of £1,950,000, exclusive of VAT and subject to contract. Representing a rare opportunity to acquire a prominent freehold commercial building in one of the Isle of Man's most desirable locations, the property offers a combination of existing rental income, significant potential for increased returns, and flexibility for future occupation or letting.