21-25 Castle St 4,367 - 10,043 SF Retail Units Offered at £795,000 - £1,295,000 Per Unit in Douglas IM1 2LD
INVESTMENT HIGHLIGHTS
- Town centre location with nearby car park
- Two adjoining shops
- Planning for conversion of upper parts
EXECUTIVE SUMMARY
The properties occupy a prominent position on Castle Street, which forms part of the main pedestrianised shopping area in Douglas town centre and is close to the Chester Street multi-storey car park.
PROPERTY FACTS
| Price | £795,000 - £1,295,000 |
| Unit Size | 4,367 - 10,043 SF |
| No. Units | 2 |
| Total Building Size | 12,492 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Building Class | B |
| Number of Floors | 3 |
| Typical Floor Size | 4,803 SF |
| Year Built | 1906 |
| Lot Size | 0.14 AC |
2 UNITS AVAILABLE
Unit 21-23
| Unit Size | 10,043 SF |
| Price | £1,295,000 |
| Price Per SF | £128.95 |
| Unit Use | Retail |
| Sale Type | Owner User |
| Tenure | Freehold |
DESCRIPTION
Two separate buildings which are interconnected at first floor level. The original buildings are of traditional construction with rear extensions constructed in the 1980s. Significant refurbishment works have been undertaken to both properties which are served by lifts. Both properties have rear access to Market Street. The ground floors of both properties are in retail use. The upper floors of 21-23 Castle Street are mainly in office use and the upper floors of 25 Castle Street are in retail use on first floor level accessed via a front staircase, with second floor storage and third floor admin space.
SALE NOTES
The two properties are available to purchase separately or
together at the following sale prices:-
21-23 Castle Street £1,295,000
25 Castle Street £ 795,000
Unit 25
| Unit Size | 4,367 SF |
| Price | £795,000 |
| Price Per SF | £182.05 |
| Unit Use | Retail |
| Sale Type | Owner User |
| Tenure | Freehold |
DESCRIPTION
Two separate buildings which are interconnected at first floor level. The original buildings are of traditional construction with rear extensions constructed in the 1980s. Significant refurbishment works have been undertaken to both properties which are served by lifts. Both properties have rear access to Market Street. The ground floors of both properties are in retail use. The upper floors of 21-23 Castle Street are mainly in office use and the upper floors of 25 Castle Street are in retail use on first floor level accessed via a front staircase, with second floor storage and third floor admin space.
SALE NOTES
The two properties are available to purchase separately or
together at the following sale prices:-
21-23 Castle Street £1,295,000
25 Castle Street £ 795,000
AMENITIES
- Bus Route
- Commuter Rail
NEARBY MAJOR RETAILERS
