Parliament Street, Ramsey
Asking price: £899,000

A rare opportunity has arisen to acquire a beautifully maintained freehold mixed-use investment property, prominently positioned in the very heart of Ramsey. Enjoying uninterrupted panoramic views across Ramsey Harbour, this substantial property offers not only a commanding location but also a strong and diverse income stream, making it a highly attractive prospect for investors.

At ground level, the property features a spacious and well-presented retail unit currently tenanted by Costa Coffee—an established and trusted brand that enhances the investment appeal. The retail space spans 1,420 sq ft on the ground floor, complemented by an 893 sq ft basement level that includes office space, two sets of WC facilities, and ample storage. This commercial component provides a reliable anchor tenant with long-term potential.

Above the retail unit are three generously sized two bedroom apartments, each offering spacious accommodation with open-plan lounge and kitchen areas, large bedrooms, and well-appointed bathrooms. The scale and layout of these apartments make them ideal for long-term tenants, with strong appeal in the local rental market.

In addition, the property includes three further two bedroom apartments, each self-contained with private access directly from the picturesque quayside. These apartments benefit from the same generous proportions and quality finishes, adding further stability and desirability to the investment.

Fully tenanted and currently generating a strong annual rental income of £79,100, this property offers excellent immediate returns with scope for future rental growth. With gas central heating throughout and its prime harbourside setting, this is an investment that combines solid fundamentals with the long-term potential of one of Ramsey’s most enviable locations.