26 Victoria Street, Douglas

Oiro £750,000

Overview

DESCRIPTION
An excellent opportunity to purchase this prime situated fully let commercial investment property situated on Victoria Street, the main thoroughfare through the business and retail sectors of Douglas.  The ground floor unit is currently let to Jimes Limited trading as The Bohemian Coffee House, and the upper floors comprise of four good quality refurbished office suites, including a reception area, a large kitchen, ladies and gents WCs and four office suites.

The offices are decorated to a high standard throughout and are all wired with CAT 5 data cabling via perimeter trunking.  Victoria Street is a well-established commercial location with occupiers including Barclays Bank, HSBC, Heritage Homes and Starbucks.

LOCATION
Travelling down Victoria Street from Prospect Hill continue toward the junction with Strand Street/Duke Street and the property can be found on the left hand side of the road just after Barclays Bank

ACCOMMODATION
Ground Floor – (approx. 1,105 sqft) – ground floor retail unit and
Basement (approx. 1,131 sqft)
Separate entrance and stairs from Victoria Street
First Floor
Comprising of reception area, large kitchen, ladies and gents WCs;
Office 1 approx. 357 sq ft;
Office 2 approx. 270 sq ft,
Second Floor – approximately 757 sq ft
Comprising two open plan offices and storeroom
Third Floor – approximately 799 sq ft
Comprising two x interconnecting open plan offices

Key Features

PRIME INVESTMENT OPPORTUNITY -  {Fully Let}
  • Ground Floor Retail Unit (Occupied by the Bohemian Coffee House)
  • Plus Business Centre Style Office Suites to the Upper floors.
  • Price: Offers Invited in the region of £750k
  • Current Rental Income: £55,687 pa [7.42%]

At a Glance

  • Price
    Oiro £750,000
  • Status
    Available
  • Tenure
    Freehold
  • Type
    Investment

Key Features

PRIME INVESTMENT OPPORTUNITY -  {Fully Let}
  • Ground Floor Retail Unit (Occupied by the Bohemian Coffee House)
  • Plus Business Centre Style Office Suites to the Upper floors.
  • Price: Offers Invited in the region of £750k
  • Current Rental Income: £55,687 pa [7.42%]

Contact the Agent

Contact the Agent

Mark Grace

commercial@blackgracecowley.com

01624 645550

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  • Tenure
    Freehold
  • Type
    Investment
  • Status
    Available
26 Victoria Street
Douglas

£750,000