Manning House, Lord Street, Douglas

£295,000

Key Features

  • Prime fully let Commercial Investment Property in the heart of Douglas.
  • Two tenanted retail units and duplex apartment to First and Second Floors.
  • Short distance from Government Offices and within walking distance of all the town centre’s amenities.
  • Current rental income circa. £25,000.

Overview

DESCRIPTION
A fabulous opportunity to purchase this prime
situated fully let commercial investment
property situated on Lord Street comprising of
two retail units and a duplex two bedroomed
apartment.
LOCATION
Travelling from Douglas Sea Terminal along Lord
Street, Manning House can be found on the
corner on the left hand side at the first set of
traffic lights with Market Street and Duke Street.
ACCOMMODATION
Ground Floor:
• Retail Unit to Lord Street/Market Street –
Approx 364 sqft.
• Office: Approx. 71 sqft
• WC
• Retail Unit 1C to Lord Street – Approx 200
sqft.
• Suspended ceilings and integral lighting.
• Spiral staircase leading to First Floor
preparation area approx. 145 sqft.
• WC
• Self-contained private entrance to Duplex
apartment on First and Second Floor.
Basement:
• Storage area – Approx 380 sqft.
First Floor:
• Boiler cupboard
• Open plan Lounge and Kitchen area
Second Floor:
• Separate WC
• Bathroom
• Bedroom
Hallway leading to second bedroom
LEASE TERMS
The model shop unit is on monthly rolling.
The Duplex apartment is currently let from 20th
August 2021 for a period of 12 months with a
view to extend.
The unit on Lord Street is currently let from 1
st
April 2021 for a period of five years.

At a Glance

  • Price
    £295,000
  • Status
    Under Offer
  • Tenure
    Freehold
  • Type
    Investment

Contact the Agent

Contact the Agent

Sharon Gelling

sharon@blackgracecowley.com

01624 645550

Key Features

  • Prime fully let Commercial Investment Property in the heart of Douglas.
  • Two tenanted retail units and duplex apartment to First and Second Floors.
  • Short distance from Government Offices and within walking distance of all the town centre’s amenities.
  • Current rental income circa. £25,000.

Recently Viewed Properties

Under Offer
Manning House, Lord Street, Douglas

£295,000

  • Tenure
    Freehold
  • Type
    Investment
  • Status
    Under Offer