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Laureston Terrace, Douglas, Isle Of Man £509,000
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A great opportunity to acquire a mixed use commercial property situated in a well established central location in the heart of Douglas. The property has 3 apartments and a retail unit when fully let producing £38,100 per annum reflecting a 7.50% investment yield. The property has been regularly maintained and presented in good order throughout. Each unit is separately metered and have individual gas fired boilers. Current rental breakdownLower Ground Floor - 1 Bedroom flat - £700pcmGround Floor - Retail unit - £800pcmFirst Floor - 2 Bedroom flat - £850pcmSecond Floor - 2 Bedroom flat - £825pcm Total Rent £38,100 per annum.
Heating - Gas
Tenure - Freehold
https://w3w.co/mock.love.funny
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- Superb investment opportunity
- Central Douglas location
- The block has been regulary maintained
- 1 x Retail unit & 3 x Apartments
- Current rent of £37,200 per annum
- 7.50% Gross investment yield
- Units individually metered and separate gas fired boilers
Isle Of Man IM2 5DH
