55 Strand Street, Douglas

£325,000 OIRO

Key Features

FOR SALE – RETAIL INVESTMENT PRIME RETAIL UNIT – Approximately 1,439 sq ft FREEHOLD - £325,000 - NO VAT – FULLY LET
  • Modern, tenanted, retail unit available in a prime location within the heart of the Island’s premier retail and pedestrianised thoroughfare, Strand Street.
  • Short distance from the main central business district and within walking distance of all the city centre’s amenities.
  • Retail area with ancillary stores, office/kitchen, WC and parking space to the rear.
  • 5-year lease taken from 2025, Tenants pay own rates.
  • Building is insured by Landlord and recharged to the Tenants.

Overview

DESCRIPTION

This modern tenanted retail unit is a unique investment opportunity in the vibrant heart of Strand Street.  Excellent condition throughout and includes retail area, rear office/kitchen and separate WC with storage/ancillary space to the first floor. At the back of the unit there is a parking space/loading area.

LOCATION
Walking from Marks and Spencer on Strand Street, continue past TK Maxx. The property can be found on the left-hand side opposite The Post Office.
ACCOMMODATION
Ground Floor – Approximately 811 sq ft
• Retail Area – Approx 694 sq ft
• Office/kitchen – Approx 117 sq ft
• WC
First Floor – Approximately 628 sq ft
• Room 1 – Approx 386 sq ft
• Storage Room – Approx 242 sq ft

At a Glance

  • Price
    £325,000 OIRO
  • Status
    Available
  • Tenure
    Freehold
  • Type
    Investment
  • Area (sq.ft)
    1,439

Contact the Agent

Contact the Agent

Sharon Gelling

sharon@blackgracecowley.com

01624 645550

Key Features

FOR SALE – RETAIL INVESTMENT PRIME RETAIL UNIT – Approximately 1,439 sq ft FREEHOLD - £325,000 - NO VAT – FULLY LET
  • Modern, tenanted, retail unit available in a prime location within the heart of the Island’s premier retail and pedestrianised thoroughfare, Strand Street.
  • Short distance from the main central business district and within walking distance of all the city centre’s amenities.
  • Retail area with ancillary stores, office/kitchen, WC and parking space to the rear.
  • 5-year lease taken from 2025, Tenants pay own rates.
  • Building is insured by Landlord and recharged to the Tenants.

Recently Viewed Properties

55 Strand Street, Douglas

£325,000

  • Tenure
    Freehold
  • Type
    Investment
  • Status
    Available
  • Area (sq.ft)
    1,439 - 1,439