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7-11 Douglas Street, Peel, Isle Of Man £349,000

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A superb opportunity to purchase circa 2,200 sqft of office space situated in the heart of Peel with onsite parking. The offices have been recently modernised providing open plan space with break out areas, spacious kitchen, server room, store room, interview room and boardroom. New data cabling and electrics throughout installed within the last 18 months. The office is centrally located and has a prominent high street location. At the rear there are 8 car parking spaces. There is a roof top terrace/garden accessed via the shared communal hallway with the apartments above. Fantastic views enjoyed over Peel looking towards the beach and castle. Superb potential for a variety of uses subject to planning consent.

Potential All risks Yield of 7.50% +

Inclusions - Floor coverings - Fixtures and fittings - Blinds & Light fittings.

Heating - Gas

Tenure - Freehold - Subject to 2 long leasehold apartments and car park at the rear. The apartments contribute to the upkeep and maintenance of shared communal areas and external fabric of the building.


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  • Freehold commercial opportunity in the heart of Peel
  • Prominent high street location with good passing trade
  • Currently used as offices with 8 car parking spaces at the rear
  • Recently modernised providing open plan space
  • New data cabling and electrics installed
  • Central and convenient location for staff close to shops beach and restaurants
  • Roof top terrace/garden with fantastic views
  • Potential All risk yield of 7.50%+
  • No onward chain

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7-11 Douglas Street Peel
Isle Of Man IM5 1BA
County: Iom
Sale Type: For Sale
Ref #: GEA1614
Ciaran Gray
Grays Estate Agents
P: 01624 678876