Freehold Holiday Apartments For Sale

Business description

Bag a Business Ltd is privileged to offer to the market one of Douglas's most sought after freehold properties. The highly prominent building benefits from spectacular views of the breathtaking coastline with many of the rooms enjoying a clear aspect to the full bay. The sheer size and flexibility of the property will appeal to several national builders who will consider the opportunity to be a developer's dream. There are 15 separate units all with private en-suite facilities. Several units benefit from additional lounge areas with space to include a fitted kitchen if required. The property benefits from a new roof and a recently refurbished commercial kitchen. There is a separate owner's flat to the ground floor as well as a large adjacent piece of land to the side of the property. Our clients presently rent the rooms for an average £520 per month. The exceptional views of the property must be seen to be fully appreciated.

Property information

Property:

Freehold

Lease terms:

Freehold

Living accommodation:

Substantial semi detached Victorian property offering very flexible accommodation with large terrace area to the front, briefly comprising of: GROUND FLOOR Reception area Large fully equipped commercial kitchen, recently refurbished Owner's accommodation Boiler room Storeroom There is a designated space to accommodate a lift if required FIRST FLOOR 4 self contained rooms with ensuite SECOND FLOOR 4 self contained rooms with ensuite THIRD FLOOR 4 self contained rooms with ensuite FOURTH FLOOR 4 self contained rooms with ensuite EXTERNAL Front terrace Adjacent garden/development land

Location:

The Sea View Holiday Flats occupies truly unique and highly enviable trading position at the top of the popular Empress Drive. The highly prominent and exceptionally commanding property enjoys clear views down the centre of Empress Drive down to the famous central promenade, Douglas. The property sits in the heart of the area's major rejuvenation sector, which includes several land mark apartment developments. The Hilton group is also planning a massive refurbishment of the nearby hotel as well as a completely new hotel in the town centre. The majority of visitors to the Isle of Man will choose to stay in this area, which boasts excellent proximity to the sea terminal as well the attractions of Douglas. Many of the similar properties in this area have been snapped up by leading developers eager to attract the second homers now looking to buy on the island.

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