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Unit 4, Middle Park Industrial Estate, Braddan Asking price: £195,000 Excl.

  • External
    External
  • Warehouse
    Warehouse
  • Warehouse
    Warehouse
  • Access Doors
    Access Doors

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  • Area: 1,500 sq ft
  • Price: £195,000 plus VAT
  • Lease agreed in October 2014 for a 5 year term
  • Passing rent £11,250 per annum
  • Newly constructed starter units
  • Good parking provision

Investment Opportunity - Commercial light industrial starter units available in multiples of 1,500 sq ft to a maximum of 7,500 sq ft in central location with excellent communication links. 15 minutes from Ronaldsway Airport and 5 minutes from the centre of Douglas, the island's business and retail capital.


Location

The site is located to the south of Douglas, just off the main A5 New Castletown Road which links the Islands capital with the airport and towns in the south of the Island. Douglas and the Island’s main sea port is just 1 mile away whilst the airport at Ronaldsway is just 8 miles off.

Accommodation

The unit extends approximately 1,500 sq ft plus forecourt and has eaves height of 5m and an overall height of approximately 7m.

Parking

There are two car parking spaces with the unit.

Services

All mains connected. 3 phase supply to main door. Distribution board for small power.

Lease Terms

The unit is currently let to Bahamas Petroleum Company PLC. The lease was agreed from 28th October 2014 for a term of 5 years at a passing rent of £11,250, exclusive of VAT and rates. There is a rent review after the third year linked to Manx RPI.

Possession

Sold subject to existing tenancies and on completion of all legal formalities.

Viewing

Viewing strictly by prior appointment through the Agents, Chrystals Commercial.


Unit 4, Middle Park Industrial Estate, Braddan
IM4 1JL
County: Isle Of Man
Sale Type: For Sale
Ref #: C1795A

P: 01624 625100

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