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COMMERCIAL

1 Bowring Road, Ramsey

£230,000
Chrystals, Isle of Man
PROPERTY TYPE

Mixed Use

SIZE

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Key features

  • Situated in a prime location
  • Ground floor retail unit and 1 bedroom apartment
  • Potential rent of £16,800 per annum when fully let
  • Mixed use investment

Description

An exceptional investment opportunity awaits with this prime mixed-use property, ideally located in the bustling heart of Ramsey. This property offers a perfect blend of commercial and residential space, providing both immediate rental income and long-term potential.On the ground floor, you'll find a modern retail unit, extending over 454 sq ft. The space boasts an open plan retail area, ideal for a variety of businesses, alongside a well-equipped kitchen, preparation area, and WC. It's designed for efficiency and practicality, ready to accommodate a thriving business in this high-traffic location.The first floor houses a charming one-bedroom apartment, currently tenanted and generating a steady rental income of £550 per month on a 12-month lease. The apartment features a cozy lounge, a functional kitchen, a shower room with WC, and a comfortable bedroom, making it an appealing residence for tenants.This property has been thoughtfully upgraded with recent refurbishments, including a brand-new kitchen, updated flooring, modern electrics with 3-phase power, and ample sockets throughout. Each unit is self-contained, serviced by gas, and offers independent access. A new roof was also installed just five years ago, ensuring minimal maintenance concerns for the foreseeable future.This is a rare chance to acquire a well-maintained, income-producing property in a prime location. Perfect for investors seeking both retail and residential opportunities, this property promises strong returns and future growth potential.

Brochures

Property BrochureFull Details

1 Bowring Road, Ramsey

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St. Bees Station34.2 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 12496001. 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.

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