Storemann, Old Bus Station, 24 Atholl Street, Peel

Oiro £895,000

Key Features

  • Rare opportunity to acquire a self-storage investment opportunity in the heart of Peel.
  • 46 high quality self-storage units over ground and 1st floor mezzanine level with managers office.
  • Currently yielding 8.00% at £72,000 per annum exclusive with occupancy at 95% and potential to increase.
  • Rents being achieved for self-storage units range from £25 per week, per unit to £72.50 per week, per unit, depending on the size.

Overview

DESCRIPTION
Former ‘Old Bus Station’ in Peel which currently
houses a self-storage facility with 46 rental units
arranged over ground and 1st floor mezzanine.

Traditional construction with brick façade, roller
shutter door, two timber public access doors,
concrete floor, mezzanine floor, plastisol coated
profile metal sheet roof with roof lights.

At a Glance

  • Price
    Oiro £895,000
  • Status
    Available
  • Tenure
    Freehold
  • Type
    Business
  • Area (sq.ft)
    5,067

Contact the Agent

Contact the Agent

Ben Quayle

ben@blackgracecowley.com

01624 645550

Key Features

  • Rare opportunity to acquire a self-storage investment opportunity in the heart of Peel.
  • 46 high quality self-storage units over ground and 1st floor mezzanine level with managers office.
  • Currently yielding 8.00% at £72,000 per annum exclusive with occupancy at 95% and potential to increase.
  • Rents being achieved for self-storage units range from £25 per week, per unit to £72.50 per week, per unit, depending on the size.

Recently Viewed Properties

Storemann, Old Bus Station, 24 Atholl Street, Peel

£895,000

  • Tenure
    Freehold
  • Type
    Business
  • Status
    Available
  • Area (sq.ft)
    5,067