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Mixed use for sale

20 Duke Street, Douglas
Mixed use
Added > 14 days

Features and description

  • Investment opportunity
  • Fully tenanted
  • Rent: £52,342 per annum
  • 8% gross yield
A rare opportunity has arisen to purchase this immaculate mixed use investment property situated in a prominent position on Duke Street in Douglas.

Arranged over 5 floors, the property comprises of two retail floor units and three upper floors of modern office space.

Ground floor is split into two units and is tenanted by the Eatery Café and Dye-Namic Hair Studio. The Eatery café is split over two floors including lower ground floor and comprises of 7 rooms on the lower ground floor used for prepping, storage and kitchen areas and main café area providing up to 40 covers on the ground floor. Dye-Namic's unit is a ground floor unit and comprises of a salon area, massage room and WC.

The upper floors are registered for office use and tenanted to a payroll company. Self contained with their own entrance via keypad access.

Achieving £52,342 per annum reflecting a gross yield of 8%.

Council Tax Band: D
Tenure: Freehold

Property information from this agent

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About this agent

Chrystals Estate Agents - Douglas
Chrystals Estate Agents - Douglas
31 Victoria Street Douglas, Isle of Man IM1 2SE
020 8022 1282
Full profileProperty listings
No matter what type of property you are looking for, we will endeavour to find the one that fulfils all your needs. After discussing your requirements, we will assist you every step of the way as you look for your new home. With hundreds of properties on our books at any one time, we have something for every budget and taste. Whether you're looking for a one-bedroom town flat, or a country mansion, you'll find it with Chrystals. With decades of experience, the Chrystals team has seen it all. With an intimate knowledge of the intricacies unique to the Manx property market, we pride ourselves on providing the Island with a first-class service. We have invested a great deal of time and effort in producing the Isle of Man's premier property website. Our dedicated team of online editors update the site daily so you'll hear about the latest properties for sale first.
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