St Georges St - Office FOR SALE


Douglas, IOM IM1 1AQ
$2,950,000 USD
St Georges St, Douglas, IOM for Sale
$2,950,000 USD
Office - FOR SALE
1/6
null | 8.73% Cap Rate

St Georges St
Douglas, IOM IM1 1AQ


HIGHLIGHTS

  • Good location
  • Income generating
  • On site parking
  • Top floor has access to a private roof terrace providing panoramic views over the surrounding countryside.

OVERVIEW

An opportunity has arisen to purchase this freehold prime office building occupying a prominent position in the main financial and office area in Douglas. Current rent of £48,243 per annum with an additional potential rent of £209,306 per annum following the leasing of the vacant floors and 10 car parking spaces. Total passing and potential rent £257,549 per annum.

FOR SALE DETAILS

PRICE

$2,950,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

8.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

St Georges Tower

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

4

BUILDING CLASS

B

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Thomas ChapmanChapman & CompanyMore Info

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Thomas ChapmanChapman & CompanyMore Info

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