22-25 St. Paul's Square, Ramsey

A versatile and prominently positioned commercial property extending to approximately 1,979 sq ft, situated within a busy and established retail area with ample public parking immediately outside.

Formed from four individual units, the property is currently fitted and furnished as a restaurant and offers a substantial, flexible layout that could suit a wide variety of commercial uses, subject to any necessary consents.

The accommodation includes a fully equipped commercial kitchen, with fixtures and fittings included in the sale, a large open-plan customer seating area, fitted bar, private staff WC and separate customer toilet facilities.

The property’s generous floor area, accessible location and existing restaurant infrastructure make it particularly well suited to hospitality, food and beverage, retail, leisure or other service-based businesses.

Viewings are strictly by appointment through the appointed agent.

Tenure and Outgoings

Long leasehold, with the lease expiring in November 2107.

Current ground rent: £24,000 per annum.

Rates: approximately £5,000 per annum, currently paid by the tenant.

Property management fees: approximately £4,800 per annum, currently paid by the tenant.

Previous occupiers have held licences for the sale of alcohol. Prospective purchasers should make their own enquiries regarding licensing requirements.