1 Prospect Hill, Douglas

£1,350,000 OIRO

Key Features

  • Landmark period former banking hall on the prominent corner of Prospect Hill.
  • Planning permission and registered building consent for conversion from a banking hall into a café / bar / restaurant (Application 15/00070/GB).
  • Arranged over three floors with two passenger lifts and original historical features retained.
  • Planning consent for outside seating area (Application 14/00419/CON).
  • Potential for alternative uses, subject to planning permission.

Overview

DESCRIPTION
An opportunity to purchase this impressive,
period office building arranged over three floors.
The property comprises of period stone and
render with a pitched tiled roof providing
accommodation over ground, first and second
floors. There are three staircases leading off the
ground floor and two passenger lifts. In
particular, the property features attractive
detailing to the external elevations. The ground
floor accommodation has planning permission
for a coffee/wine bar area. Other occupiers in
the area include Isle of Man Bank Head Office,
The Old Courthouse, iQ Apple and Santander.
LOCATION
The property occupies a prominent corner
position at the junction of Prospect Hill and
Nelson Street in the central business district on
the main thoroughfare running through the
finance and business sector towards the retail
center. It benefits from a high level of passing
traffic and pedestrian flow.
ACCOMMODATION
• Ground Floor – c. 1,839 sq ft
• First Floor – c. 1,961 sq ft
• Second Floor – c. 1,267 sq ft
• Total: c. 5,067 sq. ft
PLANNING REFERENCE
Reference: 15/00282/GB

At a Glance

  • Price
    £1,350,000 OIRO
  • Status
    Available
  • Tenure
    Freehold
  • Type
    Hotel
  • Area (sq.ft)
    5,067

Contact the Agent

Contact the Agent

Ben Quayle

ben@blackgracecowley.com

01624 645550

Key Features

  • Landmark period former banking hall on the prominent corner of Prospect Hill.
  • Planning permission and registered building consent for conversion from a banking hall into a café / bar / restaurant (Application 15/00070/GB).
  • Arranged over three floors with two passenger lifts and original historical features retained.
  • Planning consent for outside seating area (Application 14/00419/CON).
  • Potential for alternative uses, subject to planning permission.

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