Manannan House, Market Square, Castletown

Oiro £1,000,000

Key Features

  • Fabulous opportunity to purchase this Historic Registered Investment Property on Market Square, with magnificent views to Castle Rushen.
  • Ideally located within easy walking distance of all Castletown’s amenities, a few minutes’ drive from the airport and only 15 minutes from Douglas town centre.
  • Current Passing Rent - £76,740 pa excl. – THE PROPERTY IS NOT ELECTED FOR VAT.
  • Arranged over five floors.
  • Five car parking spaces included at the rear of the property.

Overview

DESCRIPTION
Great opportunity to purchase this former Town
Hall, which exudes charm and historical
significance. The property is arranged over five
floors and occupies one of the most prominent
locations on Market Square. Meticulously
refurbished to a very high standard to provide
modern retail and leisure accommodation.
The property is fully let with CoffeeCraft Limited
occupying part ground floor and basement and
Evolution Fitness Limited occupying the
remainder. Five parking spaces are included at
the rear of the property.
LOCATION
Travelling into Castletown Square from the
harbour, turn right into The Square and the
property is located on the left-hand side before
the start of Arbory Street.
LEASE TERMS/REPAIRING OBLIGATIONS
A new lease is available on standard FRI terms via
a service charge. Tenant to pay rates and
insurance.

At a Glance

  • Price
    Oiro £1,000,000
  • Status
    Available
  • Tenure
    Freehold
  • Type
    Investment
  • Area (sq.ft)
    7,153

Contact the Agent

Contact the Agent

Sharon Gelling

sharon@blackgracecowley.com

01624 645550

Key Features

  • Fabulous opportunity to purchase this Historic Registered Investment Property on Market Square, with magnificent views to Castle Rushen.
  • Ideally located within easy walking distance of all Castletown’s amenities, a few minutes’ drive from the airport and only 15 minutes from Douglas town centre.
  • Current Passing Rent - £76,740 pa excl. – THE PROPERTY IS NOT ELECTED FOR VAT.
  • Arranged over five floors.
  • Five car parking spaces included at the rear of the property.

Recently Viewed Properties

Manannan House, Market Square, Castletown

£1,000,000

  • Tenure
    Freehold
  • Type
    Investment
  • Status
    Available
  • Area (sq.ft)
    7,153