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COMMERCIAL

14 Parliament Street, Ramsey, IM8 1AP

£899,000
Chrystals, Isle of Man
PROPERTY TYPE

Mixed Use

SIZE

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Key features

  • Prime high street location in the heart of Ramsey
  • Fully tenanted mixed use investment
  • Rental income: £79,100 per annum
  • Retail unit and 6 two bedroom apartments

Description

A rare opportunity has arisen to acquire a beautifully maintained freehold mixed-use investment property, prominently positioned in the very heart of Ramsey. Enjoying uninterrupted panoramic views across Ramsey Harbour, this substantial property offers not only a commanding location but also a strong and diverse income stream, making it a highly attractive prospect for investors.At ground level, the property features a spacious and well-presented retail unit currently tenanted by Costa Coffee—an established and trusted brand that enhances the investment appeal. The retail space spans 1,420 sq ft on the ground floor, complemented by an 893 sq ft basement level that includes office space, two sets of WC facilities, and ample storage. This commercial component provides a reliable anchor tenant with long-term potential.Above the retail unit are three generously sized two bedroom apartments, each offering spacious accommodation with open-plan lounge and kitchen areas, large bedrooms, and well-appointed bathrooms. The scale and layout of these apartments make them ideal for long-term tenants, with strong appeal in the local rental market.In addition, the property includes three further two bedroom apartments, each self-contained with private access directly from the picturesque quayside. These apartments benefit from the same generous proportions and quality finishes, adding further stability and desirability to the investment.Fully tenanted and currently generating a strong annual rental income of £79,100, this property offers excellent immediate returns with scope for future rental growth. With gas central heating throughout and its prime harbourside setting, this is an investment that combines solid fundamentals with the long-term potential of one of Ramsey's most enviable locations.

Brochures

Property BrochureFull Details

14 Parliament Street, Ramsey, IM8 1AP

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • St. Bees Station34.0 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 12693089. 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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