Gladstone Avenue, Ramsey
Asking price £1,200,000 excl.

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Gladstone Industrial Park, Gladstone Avenue, Ramsey

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  • Gladstone Industrial Park
    Gladstone Industrial Park

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  • Area: 30,688 sq ft
  • Close to Ramsey Town Centre
  • Ample car parking
  • Freehold property
  • Well established Industrial Park
  • Units in need of renovation and modernisation

A rare investment opportunity to purchase an industrial site situated in Ramsey.

The site was originally developed in the 1950/60's and was utilised by a UK Stockling manufacturer and since the closure of the principle factory in the early 1970's it has been divided into 9 various sized units which are primarily light industrial and storage.

30,688 sq ft. Units are individually tenanted and are in need of renovation and modernisation.

Rental income: £106,059.32 per annum. Yield 8.91%.



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Location

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Gladstone Avenue
Ramsey IM8 2LA
Sale Type: For Sale
Ref #: DR1730
Darrel Tinnion
Chrystals Douglas
P: 01624 625100
TPO TSI RICS OnTheMarket Isle Man Chamber of Commerce Biosphere