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A rare opportunity has arisen 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.
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.
Existing floor plans are available on request.
Vacant possession on completion of all legal formalities.
Viewing strictly by prior appointment through the Agents, Chrystals Commercial.
T: 01624 623778
T: 01624 833903
T: 01624 625300
T: 01624 625100
Registered Office: Chrystal Bros. Stott & Kerruish Ltd. T/A Chrystals, 31 Victoria Street, Douglas, Isle of Man IM1 2SE
Registered in the Isle of Man No. 34808 | VAT Registration Number: 001090349
Directors: Shane Magee MRICS, Neil Taggart MRICS, Joney Kerruish MRICS & Dafydd Lewis MRICS