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Peveril Buildings, Loch Promenade, Douglas Offers in the Region Of £1,250,000 / Part Exchange Offers Welcome

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  • Residential conversion opportunity
  • Bordellos nightclub
  • In need of renovation
  • Uninterrupted sea views
  • Located in Douglas town centre

A rare investment opportunity to purchase a wine bar & nightclub and two former hotels in need of renovation.

Situated in a prime central location on Loch Promenade, extending approximately 18,500 sq ft. The ground floor and basement currently houses Bordellos Wine Bar and Nightclub. The upper floors are vacant and present an excellent opportunity for conversion to residential apartments that would benefit from uninterrupted sea views.

Bordellos comprises of a bar, basement club, kitchen, WC facilities and storage rooms.

The rooms in the former hotels have been removed leaving each floor open plan ready for development.

Part exchange offers welcome


Location

Travelling along Loch Promenade in the direction of the Sea Terminal, continue past Victoria Clock situated at the end of Victoria Street. The property can be identified on the right hand side to Walpole Avenue.

Floor Plans

Existing floor plans are available on request.

Possession

Vacant possession on completion of all legal formalities.

Viewing

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


Peveril Buildings, Loch Promenade
Douglas IM1 2BT
Sale Type: For Sale
Ref #: C2188

P: 01624 625100

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