Property

• Unique Residential Investment and Development Opportunity in the historic City of Peel
• 11 Terraced Cottages, nine let on short hold residential tenancies
• Adjoining Field circa 0.75 acres with a detached Stable on the west side, accessible from the main road
• Orchard adjoining the field circa 0.15 acres with frontage onto Ballaquane Road
• Development land zoned Residential in the Area Plan for the West
• Freehold, subject to the investment leases

Black Grace Cowley are delighted to offer this unique and exciting opportunity to purchase a three-part freehold investment and development opportunity in Peel. Situated in a sought-after location with spectacular views towards the sea. Zoned for Residential. Freehold

1-11 Cowley Terrace is made up of eleven broadly similar two storey cottages. Nine cottages are fully let on short hold residential tenancies, with a tenancy schedule available upon request.

Adjoining field opposite circa 0.75 of an acre, currently let on a grazing licence. A stable on the west side which is let separately.

Orchard, circa 0.15 of an acre, adjoining the field with frontage onto Ballaquane Road, currently let.