Lot 08 - 62 Duke Street, Douglas, Isle of Man, IM1 2AR

  • Unconditional Online Auction Sale
  • Maximum Reserve : £60,000

Maximum Reserve: £60,000

Town centre commercial building

  • Building extends to 87 sq m (937 sq ft)
  • Located in the heart of commercial district
  • Sold with the benefit of vacant possession

Location

The property is located in Douglas, the capital town of the Isle of Man. The building is on Duke Street close to its junction with Regent Street in the heart of the town centre. Neighbouring commercial occupiers include Marks & Spencer, Boots and Isle of Man Bank.

Description

The building is a mid terrace three storey commercial building of traditional construction. The building benefits from aluminium windows and entrance door. Internally the building provides a ground floor retail unit with two upper floors providing additional accommodation.

EPC

An Energy Performance Certificate (EPC) will be available as part of the legal pack.

Land and Property Services Rates Assessment

Advised Treasury Government rates are £753.31 (gross) and Douglas Corporation rates payable are £1,316.32 for the current financial year.

Accommodation

1 2 3 4 5
Ground Floor 33 sq m 356 sq ft
First Floor 24 sq m 258 sq ft
Second Floor 30 sq m 323 sq ft
Shop Frontage 5.8 m 19 ft

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Security Deposit

£5,000

Buyer's Administration Fee

£720

Maximum Reserve

£60,000

Vendors Solicitor

Alex Poole-Wilson, Managing Associate, Cains, Fort Anne, Douglas, Isle of Man, IM1 5PD
01624 638300

Agreement Documents

Additional Documents

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