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Empress House, Empress Drive, Douglas Asking price: £495,000

  • Empress House
    Empress House

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**INVESTMENT SALE** - A former Guesthouse building* comprising 4 large 2 & 3 bedroom self contained apartments. Close to the promenade and a popular area for rental property. Fully refurbished in 2009. For flexibility each apartment is held on a separate 999 year lease and is separately metered. *Please note the LGF Unit is separately owned and not included in sale.


Location

Accommodation

Ground Floor, Flat 1
2 double bedrooms, bathroom, lounge and kitchen.

First Floor, Flat 2
3 bedrooms (two double, one single), bathroom, toilet, lounge and kitchen.

Second Floor, Flat 3
3 bedrooms (two double, one single), bathroom, toilet, lounge and kitchen.

Third Floor, Flat 4
3 bedrooms (two double, one single), bathroom, toilet, lounge and kitchen.

Rent Schedule

Flat 1 - £675.00 pcm / £8,100 per annum.
Flat 2 - £750.00 pcm / £9,000 per annum.
Flat 3 - £725.00 pcm / £8,700 per annum.
Flat 4 - £795.00 pcm / £9,540 per annum.

Total - £35,340 per annum.

Services

All mains services are connected. Gas fired central heating.

Inventory

Inventories of the landlords’ installations and furnishings will be supplied prior to exchange of contracts.

Possession

Subject to the existing tenancies and on completion of all legal formalities.

Viewing

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


Empress House, Empress Drive
Douglas IM2 4LQ
County: Isle of Man
Sale Type: For Sale
Ref #: DR0892

P: 01624 625100

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