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21-25 Castle St 4,367 - 10,043 sq ft Retail Units Offered at £795,000 - £1,295,000 Per Unit in Douglas IM1 2LD
Investment Highlights
- Town centre location with nearby car park
- Two adjoining shops
- Planning for conversion of upper parts
Executive Summary
The properties occupy a prominent position on Castle Street, which forms part of the main pedestrianised shopping area in Douglas town centre and is close to the Chester Street multi-storey car park.
2 Units Available
- Unit
- Unit Size
- Unit Use
- Price
- NOI
| Sale Type | Owner Occupier | Tenure | Freehold |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
Description
Two separate buildings which are interconnected at first floor level. The original buildings are of traditional construction with rear extensions constructed in the 1980s. Significant refurbishment works have been undertaken to both properties which are served by lifts. Both properties have rear access to Market Street. The ground floors of both properties are in retail use. The upper floors of 21-23 Castle Street are mainly in office use and the upper floors of 25 Castle Street are in retail use on first floor level accessed via a front staircase, with second floor storage and third floor admin space.
Sale Notes
The two properties are available to purchase separately or
together at the following sale prices:-
21-23 Castle Street £1,295,000
25 Castle Street £ 795,000
together at the following sale prices:-
21-23 Castle Street £1,295,000
25 Castle Street £ 795,000
| Sale Type | Owner Occupier | Tenure | Freehold |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
Description
Two separate buildings which are interconnected at first floor level. The original buildings are of traditional construction with rear extensions constructed in the 1980s. Significant refurbishment works have been undertaken to both properties which are served by lifts. Both properties have rear access to Market Street. The ground floors of both properties are in retail use. The upper floors of 21-23 Castle Street are mainly in office use and the upper floors of 25 Castle Street are in retail use on first floor level accessed via a front staircase, with second floor storage and third floor admin space.
Sale Notes
The two properties are available to purchase separately or
together at the following sale prices:-
21-23 Castle Street £1,295,000
25 Castle Street £ 795,000
together at the following sale prices:-
21-23 Castle Street £1,295,000
25 Castle Street £ 795,000
| Unit | Unit Size | Unit Use | Price | NOI |
| Unit 21-23 | 10,043 sq ft | Retail | £1,295,000 (£128.95/sq ft) | - |
| Unit 25 | 4,367 sq ft | Retail | £795,000 (£182.05/sq ft) | - |
Unit 21-23
| Unit Size |
| 10,043 sq ft |
| Unit Use |
| Retail |
| Price |
| £1,295,000 (£128.95/sq ft) |
| NOI |
| - |
Unit 25
| Unit Size |
| 4,367 sq ft |
| Unit Use |
| Retail |
| Price |
| £795,000 (£182.05/sq ft) |
| NOI |
| - |
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Unit 21-23
| Unit Size | 10,043 sq ft |
| Unit Use | Retail |
| Price | £1,295,000 (£128.95/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Description | |
| Two separate buildings which are interconnected at first floor level. The original buildings are of traditional construction with rear extensions constructed in the 1980s. Significant refurbishment works have been undertaken to both properties which are served by lifts. Both properties have rear access to Market Street. The ground floors of both properties are in retail use. The upper floors of 21-23 Castle Street are mainly in office use and the upper floors of 25 Castle Street are in retail use on first floor level accessed via a front staircase, with second floor storage and third floor admin space.</li></ul> | |
| Sale Notes | |
| The two properties are available to purchase separately or<br> together at the following sale prices:-<br> 21-23 Castle Street £1,295,000<br> 25 Castle Street £ 795,000</li></ul> |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Unit 25
| Unit Size | 4,367 sq ft |
| Unit Use | Retail |
| Price | £795,000 (£182.05/sq ft) |
| NOI | - |
| Sale Type | Owner Occupier |
| Tenure | Freehold |
| Description | |
| Two separate buildings which are interconnected at first floor level. The original buildings are of traditional construction with rear extensions constructed in the 1980s. Significant refurbishment works have been undertaken to both properties which are served by lifts. Both properties have rear access to Market Street. The ground floors of both properties are in retail use. The upper floors of 21-23 Castle Street are mainly in office use and the upper floors of 25 Castle Street are in retail use on first floor level accessed via a front staircase, with second floor storage and third floor admin space.</li></ul> | |
| Sale Notes | |
| The two properties are available to purchase separately or<br> together at the following sale prices:-<br> 21-23 Castle Street £1,295,000<br> 25 Castle Street £ 795,000</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Property Size | 14,410 sq ft | Floors | 3 |
| Property Type | Retail | Typical Floor Size | 4,803 sq ft |
| Property Subtype | Shopfront | Year Built | 1906 |
| Costar Property Class | B | Total Plot Size | 0.14 ac |
| Total Property Size | 14,410 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront |
| Costar Property Class | B |
| Floors | 3 |
| Typical Floor Size | 4,803 sq ft |
| Year Built | 1906 |
| Total Plot Size | 0.14 ac |
Amenities
- Bus Route
- Commuter Rail
- Signage
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Nearby Major Retailers
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Videos
Matterport 3D Exterior
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Street View
Street
Map
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21-25 Castle St
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