Property

Commercial/Retail Investment Property Set Over 4 Floors. Located in a Prime Location Within Central Douglas. Longstanding & Successful Tenant in Situ. Approx. 8.2% Gross Yield. New Roof & Windows Fitted in 2021.

Agents Comments

22 Duke Street sits right in the heart of Douglas town centre and benefits from a large daily footfall. The property comprises of retail on the ground floor and a basement level with private rear access. The upper floors are utilised as retail, accommodation/offices and toilet facilities. An investor will benefit from a strong covenant and lease with a number of years to run without a break clause. For more information or to arrange a viewing, please contact Orry-James on 01624 625888 (option 2) or email ojcreane@cowleygroves.com.

• Commercial/retail investment property set over 4 floors
• Located in a prime location within central Douglas
• Long standing and successful tenant in situ
• Approx. 8.2% gross yield
• Lease expires 2031 with no break options
• New roof and windows fitted 2021