Property

The property comprises of a retail unit split over two floors, 4 apartments and 2 office suites. Fully tenanted and achieving £82,560 per annum with a gross yield of 7.86%.

Tacoma lease the basement, ground floor and first floor office on a 10 year tenancy. Sale does not include the business.

Apartments are finished to a modern high standard and benefit from suspended floors and ceilings. Tenants are on annual tenancies.

Location
The property occupies a prime central location on Victoria Street, the main thoroughfare leading through the business and retail sector of the town. Victoria Street is one of the most established commercial locations on the Island.

Services
The property is connected to all mains services.

Possession
The property will be sold subject to existing tenancies and on completion of all legal formalities.

Viewing
Strictly by prior appointment through the Agents, Chrystals Commercial.

Tenure: Freehold