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Industrial Units/Development Site, Summerhill Quarry, Douglas Asking price: £215,000

Sold STC
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  • 0.22 acre site
  • Four industrial units
  • In need of renovation and modernisation
  • Potential for redevelopment
  • Rental income: £13,200
  • Gross yield 6.13%

A rare opportunity to purchase a 0.22 acre industrial site situated in Douglas.

The land consists of 4 industrial units which were built in the 1940’s and were used as a canteen, wash house and bunk house during the Second World War. The units are in need of renovation and modernisation.

Unit sizes:

Unit 1 - 1,410 sq ft

Unit 2 - 1,410 sq ft

Unit 3 - 748 sq ft

Unit 4 - 748 sq ft

Three units are tenanted with one vacant unit. Current rental income: £13,200 per annum. Gross yield 6.13% with potential to increase return with redevelopment.



Industrial Units/Development Site, Summerhill Quarry
Douglas IM2 4PF
Sale Type: Sold STC
Ref #: DR2497

P: 01624 625100
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