This property is no longer on the market
2 bedroom apartment
Key information
Property description & features
- Well Presented Apartment
- 2 Double Bedrooms
- Generous Lounge, Kitchen and Family Bathroom
- Flat Sold With Vacant Possession
- 1000 Sq Ft Retail Unit Below
- Rental Income from Long Term Sitting Tenant
- 1000 Sq Ft Workshop Space in Basement
- Workshop Sold With Vacant Possession
Summary - A rare opportunity to purchase a well presented first floor 2 bed apartment with vacant possession, along with a 1000 sq ft retail unit on the ground level generating rental income from a long term sitting tenant. In addition, there is a further 1000 sq ft of workshop space below at lower ground level also with vacant possession. The parts of the property form a single sale and are not being sold separately.
Features - Well Presented Apartment
2 Double Bedrooms
Generous Lounge, Kitchen and Family Bathroom
Flat Sold With Vacant Possession
1000 Sq Ft Retail Unit Below
Rental Income from Long Term Sitting Tenant
1000 Sq Ft Workshop Space in Basement
Workshop Sold Empty With Vacant Possession
Details - Located on the main coast road through Laxey this beautiful apartment will have wide appeal. It is positioned close to the centre of the village with the local amenities and the beach only a short distance away.
The entire property is held on a single Title. The flat is for sale with vacant possession. The workshop space in the basement will be emptied and sold with vacant possession. There is a long term sitting tenant in the retail unit (Mother T's) whose business is not affected by this sale, nor does the business form any part of the sale. There is a rental arrangement in place and details of this arrangement will be made available to potential purchasers wishing to submit an offer to buy.
Heating is provided to every area of the property by an oil fired central heating system located in the Workshop.
Apartment/Workshop rates combined are £716 p.a.
Retail Unit rates are £826 p.a.
Directions - Travelling from Douglas on the A2 coast road continue into Laxey. Pass The Queens Hotel on the right side. The property is 100 metres past the hotel, also on the right hand side.
Further Information - For more details on this opportunity, to make an appointment to view, or to make an offer to purchase, contact Bruce Cobburn [use Contact Agent Button] or [use Contact Agent Button].
Property information from this agent
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