John Street, Douglas
Asking price: £600,000

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5-7 John Street, Douglas

Updated
  • Photo 14
    Photo 14
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    Photo 15
  • Ground Floor Dining Area
    Ground Floor Dining Area
  • Ground Floor Dining Area
    Ground Floor Dining Area
  • Ground Floor Dining Area
    Ground Floor Dining Area
  • First Floor Dining Area
    First Floor Dining Area
  • First Floor Dining Area
    First Floor Dining Area
  • First Floor Dining Area
    First Floor Dining Area
  • First Floor Dining Area
    First Floor Dining Area
  • Lower Ground Floor Dining Area
    Lower Ground Floor Dining Area
  • Kitchen
    Kitchen
  • Kitchen
    Kitchen
  • Lower Ground Floor Dining Area
    Lower Ground Floor Dining Area
  • Photo 15
    Photo 15

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  • Freehold restaurant property
  • Situated in the heart of Douglas
  • Split across four floors
  • Investment opportunity
  • Area: 2,517 sq ft
  • Rent: £32,500 per annum

A rare opportunity to acquire a tenanted freehold restaurant property located in the heart of Douglas, just minutes from the city’s primary retail area. This historic building, one of the capital’s oldest, presents an ideal investment opportunity, generating an annual rental income of £32,500. The current lease is secured for a term of five years from August 2024.

The premises offer a unique and inviting layout, spanning four floors with a total area of 2,517 sq ft. It features four intimate dining areas, including private dining rooms, providing a warm and inviting atmosphere. The property is equipped with a fully operational commercial kitchen, a dedicated prep area, multiple storage rooms, an outbuilding, and a courtyard.


Location

Centrally located in the heart of Douglas, the property can be found just off Ridgeway Street along John Street.

Services

All mains services are connected. Gas fired central heating.

Legal Costs

Each party to pay their own legal costs.

Viewing

Strictly by prior appointment through the Sole Agents, Chrystals Commercial.


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Location

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John Street
Douglas IM1 1EF
County: Isle of Man
Sale Type: For Sale
Ref #: C2211
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere