£350,000

Retail premises for sale

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  2. Property photo 2 of 7.
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Sold STC

£350,000

Retail premises for sale

Prospect Terrace, Douglas, Isle Of Man IM1

Local area information

Property location

Nearby amenities

Features and description

  • Mix of Commercial and Residential Investment / One Shop Two Flats
  • Situated in Upper Douglas with High Pedestrian Traffic
  • Potential Yield if Fully Let Circa £33,000pa Gross
  • Parking to the Rear
Description & Accommodation
This is a four storey mid terrace mixed use building comprising of a ground floor retail unit with external car parking. Via a separate entrance there is a First Floor 1 Bedroom permanent residential Flat and a Second Floor 2 bedroom permanent residential flat.

The self contained Ground Floor retail unit consists of a front and rear retail area comprising approx. 370 sq. Ft net internal area and a rear storage area of approx. 215 sq.ft. With WC and wash hand basin.

First Floor: Flat 1 comprises—reception room, hall, kitchen, bathroom and bedroom with gross internal area of approx. 431 sq. Ft. This is a one person occupation flat.
Second Floor: Flat 2 is a duplex and comprises a large reception room, kitchen, 2 bedrooms and a bathroom.

The property benefits from individual gas fired central heating to the residential flats with certified electrical installations. There is a full fire alarm system comprising of alarm points, sounders, heat and smoke detectors.

Windows are PVC double glazed and the residential units appear generally in good tenantable order. Both flats are presently vacant.

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  1. Zoopla
  2. Commercial for sale
  3. Isle of Man
  4. Douglas
  5. Prospect Terrace

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