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27 Duke Street,...
Ground Floor Retail
Ground Floor Retail
Ground Floor Retail
Ground Floor Retail
Ground Floor Retail
Ground Floor Retail
Basement
Basement
Communal Hallway
Communal Hallway
First Floor Office
First Floor Office
First Floor Office
First Floor Office
First Floor Office
First Floor Office
First Floor Office
First Floor Office
Second Floor Office
Second Floor Office
Communal Hallway
Third Floor Office
Third Floor Office
Third Floor Office
Third Floor Office
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Mixed use for sale

27 Duke Street, Douglas
Mixed use
Added > 14 days

Key information

TenureAsk agent
Council taxAsk agent

Features and description

  • Situated in a prime location
  • Area: 2,175 sq ft
  • Potential to achieve £27,780 per annum when fully let
  • Mixed use investment property
An exceptional opportunity to acquire a mixed-use investment property situated on one of Douglas's main shopping streets.

This well-maintained building, benefitting from recent refurbishment works to the roof and chimney stacks, offers strong rental potential with room for future growth.

The ground floor, spanning 650 sq ft and registered for retail use, is currently vacant. Previously occupied by a stylish boutique salon, the space includes a generous retail area, a kitchen, and a WC, making it highly attractive to a wide range of prospective tenants.

The first floor, designated for office use, extends to 750 sq ft and is also vacant, presenting an excellent opportunity for businesses seeking high-quality office space. It comprises three suites, a welcoming reception area, and a newly installed kitchenette.

The second and third floors, also registered for office use, are securely let to an engineering company, providing a steady rental income. The second floor offers 415 sq ft of open-plan office space with its own WC, while the third floor comprises an additional 360 sq ft of office space with its own WC.

A 460 sq ft basement is available for additional storage or could be rented separately.

With a current rental income of £8,280 per annum and the potential to achieve £27,780 per annum when fully let, this property represents an excellent investment opportunity. The combination of retail and office accommodation in a prime location ensures strong tenant demand and significant scope for rental growth.

Tenure: Freehold

Property information from this agent

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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