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59/60 Derby Square, Douglas Fixed £450,000

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  • Available freehold for sale at £450,000 FIRM excl.
  • Available for rent @ £35,000 per annum excl.


An opportunity to purchase or lease this refurbished, modern office premises located in Derby Square, a short distance from the main financial and retail districts of Douglas. The property is currently being leased by the Children’s Centre and has been separated into purposefully designed rooms in line with the current use. Warwick House is in a terrace adjacent to Talbot Blinds and is situated in a well established residential area. The front aspect overlooks Derby Square and its gardens and there is forecourt parking to the front for up to 5 cars included.


LOCATION

Travelling from Douglas town centre continue up Prospect Hill onto Bucks Road, past Prospect Terrace and onto Woodbourne Road. Turn right at the junction of Woodbourne Road and Derby Road and continue down towards the promenade where the entrance to Derby Square can be found on the right hand side a short distance along. Warwick House is clearly identifiable by our For Sale board.

ACCOMMODATION

Gross Internal Area Approx: 5,325 sq ft Net Internal Area Approx: 3,764 sq ft The main entrance to the ground floor is off Derby Square via steps and access to the first floor office accommodation is via a communal hallway and staircase. The net internal area of the building, to include office and ancillary accommodation is approximately 3,764 sq ft. The gross internal area is approximately 5,325 sq ft. Ground Floor; Steps to; Entrance lobby and inner hallway Storeroom Playroom, 2nd reception area (off hallway) Large open plan room to the rear Doors to rear exit Bathroom and separate disabled WC Fully fitted kitchen First Floor; 2 open plan areas 3 offices to the front 3 offices to the rear Separate ladies and gents WCs

LEASE TERMS

New leases are available. Tenant to pay rates and building insurance worked out at an occupied floor area basis.

CAR PARKING

5 car parking spaces are included in the rent.

REPAIRING OBLIGATIONS

Internal repairing and insuring terms.

RENT REVIEWS

Yearly increased linked to the IOM RPI.

SERVICES

All mains services are connected. Fire precautions system.

DIRECTOR'S GUARANTEE & SECURITY DEPOSIT

A director’s guarantee will be required if the lease is taken in the name of a limited company. A security deposit equivalent to one quarter’s rent is to be paid on term commencement and to be returnable on satisfactory expiry of the lease.

REFERENCES

Financial and professional references will be required from prospective tenants and guarantors may be required in the case of limited companies.

POSSESSION

Vacant possession upon completion of all legal formalities.

VIEWING

Further details and viewing arrangements strictly by appointment through the Agents, Chrystals.


59/60 Derby Square
Douglas IM1 3LP
Sale Type: For Sale
Ref #: DR1099

P: 01624 625100

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