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COMMERCIAL

Margarita Island

£194,948
USD $260,000
Partners Real Estate, Isle of Man
PROPERTY TYPE

Restaurant

SIZE

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Key features

  • Versatile, well positioned commercial property set within a busy retail shopping area, extending to 1979 square feet (approx), currently furnished as a restaurant

Description

Versatile, well positioned commercial property set within a busy retail shopping area, extending to 1979 square feet (approx), currently furnished as a restaurant. The property is a collective of 4 single units comprising a fully equipped commercial kitchen (with fixtures and fittings included), a large seated service area and bar, a private WC and customer toilets. Ample public parking is available immediately out front. This property is likely to suit a variety of business opportunities. The vendor’s preference is for a sale with vacant possession, however, enquiries to buy or rent are welcome with viewings strictly by appointment with the agent.

Features

Versatile commercial property
Set in a busy retail shopping area
Total area circa 1979 sq ft
Car parking immediately outside
Extensively equipped kitchen
Large seating area with bar
Private WC and customer toilets
Being sold with vacant possession
Rental enquiries also welcome

Details

Long Lease. Leasehold Expires November 2107
Current rent £24,000 pa
Rates £5,000 pa (currently paid by tenant)
Property Management Fees £4,800 pa (currently paid by tenant)
Previous occupants have held licences to sell alcohol. Interested parties should make their own enquiries in this regard.

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About Partners Real Estate, Isle of Man

64 Duke Street, Douglas, Isle of Man IM1 2AR

At Partners Real Estate, we're reshaping how you buy, sell, or rent on the Isle of Man. Local expertise, global perspective and always centred on you. It starts with listening. We keep it clear and honest, so you always know where you stand. Real relationships, real results - that's our promise. We are committed to showcasing your home in its best light, with professional photography and videography. More than a service. A true partnership.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Partners Real Estate, Isle of Man (reference 17abf47f-6c90-40f0-9670-249033a10a0c) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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