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COMMERCIAL

Manannan House, Market Street, Castletown

£930,000
Chrystals, Isle of Man
PROPERTY TYPE

Retail Property (high street)

SIZE

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Key features

  • Investment opportunity
  • Area: 7,153 sq ft
  • Fully tenanted
  • Rental income: £76,740 per annum
  • Occupies one of the most prominent locations on Market Square

Description

This exceptional investment opportunity allows you to acquire a historically significant former Town Hall with breathtaking views of Castle Rushen. Ideally located within walking distance of all Castletown's amenities, the property is just a few minutes' drive from the airport and only 15 minutes from Douglas City Centre.Located prominently on Market Square, this five-story building has undergone meticulous refurbishment to provide top-tier retail and leisure facilities. Fully tenanted, the property hosts CoffeeCraft Limited on part of the ground floor and basement, while Evolution Fitness Limited occupies the rest of the building. The property also includes five parking spaces situated at the rear.The property generates a current passing rent of £76,740 per annum, yielding a gross yield of 8.25%. For more information or to arrange a viewing, please contact us today.

Brochures

Property BrochureFull Details

Manannan House, Market Street, Castletown

Open mapStreet View

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Nethertown Station51.4 miles

About Chrystals, Isle of Man

31 Victoria Street, Douglas Isle of Man IM1 2SE

Chrystals - a name that has meant "Property" on the Isle of Man for over 165 years - founded in 1854 and owned and run for generations by Chartered Surveyors - we are proud of our heritage and excited about our future.

With 2 prominent high street offices, a top performing website and social media presence, www.chrystals.co.im is the place to find, sell and rent all types of Isle of Man property.

We are a firm who innovates and evolves whilst always maintaining core values of personal service, professionalism and integrity - trust our friendly experienced team with all your property requirements.

We are Isle of Man Registered Estate Agents, Regulated by the RICS and are RICS Registered Valuers.

Notes

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Disclaimer - Property reference 12398325. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Chrystals, Isle of Man. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.

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