Floorplan
MapMixed use for sale
Key information
Features and description
- Situated in the heart of central Douglas
- Permitted planning permission for the conversion of 5 apartments
- Planning permission No. 24/00221/B. Expiry 10th July 2028
- Two existing apartments, 16 bedrooms, three WC's, one kitchen, and five bathrooms
The property's impressive layout includes two existing apartments, 16 bedrooms, three WC's, one kitchen, and five bathrooms. Its interior is graced with magnificent Victorian tiling and glass, infusing each space with timeless historical charm. The planning permission allows for the transformation into four two-bedroom apartments and one one-bedroom apartment. The lower ground floor and ground floor already house existing apartments that only require adjustments to meet the planning requirements.
With planning permission valid until 10th July 2028 (reference number 24/00221/B), this property presents a rare and lucrative investment opportunity. Embrace the chance to turn this historic gem into a modern, profitable venture in one of Douglas's most desirable locations.
LOCATION
From the Villa Marina proceed along Douglas Promenade. On passing the site of Spectrum Apartments take the second turning on your left hand side into Mona Drive where the building can be found on your left hand side.
SERVICES
All mains services are provided. Gas central heating.
POSSESSION
Vacant on possession
Council Tax Band: D
Tenure: Freehold
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