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21-25 Castle St
Douglas IM1 2LD

Retail Property For Sale · 12,492 SF

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

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
Tenancy Single

2 Units Available

Unit 21-23

Unit Size 10,043 SF
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
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

  • Listing ID: 22449583

  • Date on Market: 11/03/2021

  • Last Updated:

  • Address: 21-25 Castle St, Douglas IM1 2LD

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