A unique opportunity to acquire a mixed-use investment property in the heart of Douglas.
The property comprises 12 refurbished residential apartments, the Pinewood Social Club, a popular Function Room and Gymnasium, lock-up storage unit and three self-contained retail units. The majority of the building is tenanted, held under short-term leases.
The gross income is £119,000 per annum exclusive. A full schedule of the rental income is available on a ‘Strictly Confidential’ basis upon enquiry.
The property is available as a single investment, or on an individual unit basis. Consideration will also be given to selling the Commercial or Residential elements as separate investments.
