Leisure for sale

King Edward Road, Onchan

OIRO £599,950

Property Reference: CS0010

Key Features


Summary

An excellent investment opportunity with dwelling and Commercial space available. Plans approved for conversion to 6 apartments with parking.and situated in an idyllic part of the Island. Offrering over 3000 Sq ft of floor space an inspection is highly recommended.

Full Details

Built circa 1876 this property is situated in an Idyllic part of the Island and just 5 minutes from Douglas Promenade, As well as being a significant historical Manx landmark this former Hotel and Restaurant is an excellent investment opportunity and business venture with plans approved for conversion to 6 luxury apartments with parking. There is currently dwelling and Commercial space available with over 3000 Sq ft of commercial floor space so an inspection is highly recommended.

With accommodation over 3 floors, the property currently comprises:
3 Reception rooms,
2 Kitchens
5 Good sized bedrooms
Bathroom and Shower room,
WC

Commercial areas (Approx 300 Sq ft) comprise:
Old restaurant & Lounge bar, significant lower ground floor storage space,
Ample parking
Beautiful rear aspects, picturesque walks and views.

VIEWINGS ARE HIGHLY RECOMMENDED.



Directions
Travelling northwards out of Douglas along the Promenade, continue past the trafffic lights at Broadway and past Port Jack then onto King Edward Road. Continue on this road to Groudle Glen where the property can be found on the right hand side clearly identified by our For Sale board.

Viewings
Strictly by appointment with Carter Moon telephone 01624 626123 or email info@cartermoon.com

Services
All mains services connected. Oil fired central heating.

Rateable value
£248.00

Rates payable
£1553.60 (Includes water rates) 2015/16

Possession
Vacant upon Completion.


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