Claddagh Road, Isle Of Man, IM7

GENERAL DESCRIPTION
The Staward Building and Cottages complex provides a rare opportunity to acquire an extensive range of traditional 'Manx' farm buildings benefitting from an implemented planning permission permitting conversion to residential use, two quintessential stone cottages (let) and an area of surrounding land fronting on Sulby River.

Located in a picturesque area between the west coast of the island with sandy beaches and the central mountain range to the east, Staward is surrounded by the natural beauty of the Isle of Man landscape. The sale offers an excellent opportunity to create an impressive main residence on the Island in mature setting. The traditional range of buildings and is surrounding by a parkland setting, previously used as the venue for the Royal Manx Agricultural Show. The let cottages provide a diversified income stream from residential lettings and would also be well suited to holiday cottages, use as staff accommodation or additional family accommodation.

THE ISLE OF MAN
Almost equidistant from England, Ireland, Scotland and Wales, the Isle of Man is a self-governing Crown Dependency with a population of circa 85,000 people and a beautifully varied landscape which combined with a rich history and vibrant cultural heritage, culminated in the Island being awarded UNESCO Biosphere status in 2016. Internationally recognised for offshore banking and financial services, the Isle of Man offers a low tax economy including low personal/corporate tax rates plus no capital gains or inheritance tax. Residency on the Isle of Man typically requires a person to be present for at least 6 months each year, although certain exceptions may apply. Tourism is also key component of the economy with the annual Isle of Man TT, popular worldwide, often almost doubling the population of the Island during the event.

Staward Traditional Buildings and Cottages
The Staward complex consists of a registered traditional range of farm buildings and two quintessential Manx cottages which are currently let on Assured Shorthold Tenancies. The Staward buildings are constructed of Manx stone with slate roofs and arranged in a quadrangle to create an enclosed courtyard with adjoining double storey granary. Planning consent has been granted permitting the conversion and extension of the buildings, to create a substantial residential dwelling, ancillary accommodation and leisure facilities. A Certificate of Lawful Use was granted in 2024 confirming that the planning permission had commenced. The cottages are also constructed of stone under slate roofs, with the main elevation to the south, beyond which is an extensive area of garden/lawn. Including the gardens, grounds and surrounding land, the property extends to approximately 4.46 ha (11.00 acres) overall, including 2.91 ha (7.19 acres) of land and 0.61 ha (1.50 acres) of woodland and riverbank.

FURTHER INFORMATION AND VIEWINGS
Viewings are strictly by prior appointment. Please contact the joint selling agents:

Oliver Stones MRICS FAAV or Neil Taggart MRICS