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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.
Centrally located in the heart of Douglas, the property can be found just off Ridgeway Street along John Street.
All mains services are connected. Gas fired central heating.
Each party to pay their own legal costs.
Strictly by prior appointment through the Sole Agents, Chrystals Commercial.
Residential Sales
T: 01624 623778
E: douglas@chrystals.co.im
Residential Sales
T: 01624 833903
E: porterin@chrystals.co.im
T: 01624 625300
E: douglasrentals@chrystals.co.im
T: 01624 625100
E: commercial@chrystals.co.im
T: 01624 625100
E: commercial@chrystals.co.im
T: 01624 625100
E: rural@chrystals.co.im
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
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