Unit 1, Middle Park Industrial Estate, Braddan

£249,950

Key Features

  • Opportunity to purchase the freehold of a purpose built industrial unit on the outskirts of Douglas.
  • Approx 2,000 sq ft.
  • Full height roller shutter doors with integral pedestrian access.
  • 3 allocated parking spaces.
  • Rental income of £14,400pa plus VAT – Yield approx. 5.76%

Overview

DESCRIPTION
Great investment opportunity to purchase a
purpose built industrial unit set in an attractive
rural setting close to Douglas town centre and
Sea Terminal and only fifteen minutes from
Ronaldsway Airport. The unit has 3 allocated
parking spaces and has full height roller shutter
doors with integral pedestrian access.
LOCATION
Travelling out of Douglas on the New Castletown
Road, head towards the Cooil Road roundabout.
Turn left at the roundabout and continue
towards Kewaigue. Take the first right hand turn
towards the Energy for Waste Plant and take the
left hand entrance onto the Middle Park Estate.
LEASE TERMS
• Current lease is up for renewal in December
2024
• Rental income is £14,400pa plus VAT
• Yield approx. 5.76%

At a Glance

  • Price
    £249,950
  • Status
    Available
  • Tenure
    Freehold
  • Type
    Industrial
  • Area (sq.ft)
    2,000

Contact the Agent

Contact the Agent

Ben Quayle

ben@blackgracecowley.com

01624645550

Key Features

  • Opportunity to purchase the freehold of a purpose built industrial unit on the outskirts of Douglas.
  • Approx 2,000 sq ft.
  • Full height roller shutter doors with integral pedestrian access.
  • 3 allocated parking spaces.
  • Rental income of £14,400pa plus VAT – Yield approx. 5.76%

Recently Viewed Properties

Unit 1, Middle Park Industrial Estate, Braddan

£249,950

  • Tenure
    Freehold
  • Type
    Industrial
  • Status
    Available
  • Area (sq.ft)
    2,000