FOR SALE. Price: 590,000 exclusive

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Laura Malone
6 years ago
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51 Victoria Street, Douglas, Isle of Man IM1 2LD Tel: 01624 645550 Fax: 01624 645556 info@blackgracecowley.

storage area providing approximately 932 sq ft Price: 590,000 exclusive DESCRIPTION An opportunity to acquire the freehold of this modern purpose built industrial investment property situated on the

The property is let to Regal Aluminium Limited at a current passing rent of 36,000 pa exclusive for a 10 year term certain, subject to upward only rent review every 3 years to Market Value.

1 51 Victoria Street, Douglas, Isle of Man IM1 2LD Tel: Fax: INDUSTRIAL INVESTMENT FOR SALE Unit 17 Snugborough Trading Estate Union Mills GIA: approximately 4,690 sq ft (inclusive of office and ancillary staff accommodation) There is additional mezzanine storage area providing approximately 932 sq ft Price: 590,000 exclusive DESCRIPTION An opportunity to acquire the freehold of this modern purpose built industrial investment property situated on the Snugborough Trading Estate on the western outskirts of Douglas. The estate enjoys excellent access to and from Douglas along Peel Road. The property is let to Regal Aluminium Limited at a current passing rent of 36,000 pa exclusive for a 10 year term certain, subject to upward only rent review every 3 years to Market Value. The property is leased on full repairing and insuring terms and the Directors of the Tenant Company have provided Personal Guarantees. LOCATION Travelling from Quarterbridge roundabout on the Peel Road travel over Braddan Bridge towards Union Mills where the entrance to the Estate will been seen on the right. Follow the Estate road around to the right and continue past Lifestyle Furniture Plus where Unit 17 can be found on the right hand side. ACCOMMODATION The layout of the building provides for approximately 4,690 sq ft of open plan industrial accommodation, with a further additional mezzanine storage area providing approximately 932 sq ft. Front pedestrian access door into: Offices/Reception door into; Warehouse Area: approx 4,690 sq ft These particulars, although believed to be correct, do not form part of an offer or a contract and they are not intended to form any representation of fact. Black Grace Cowley Ltd cannot accept any liability for any errors in the particulars stated, and a prospective purchaser should rely upon his own enquiries and inspection. Geoffrey P R Black BSc DipArb FRICS MCIArb Mark N Grace BSc MRICS Nicholas R Cooper FNAEA Tim Groves BA (Hons) MRICS CPEA

toilets/ancillary space. SERVICES It is understood that all mains services are connected.

2 Power operated up and over roller shutter door. Full eaves height, access to the first floor mezzanine area, storage accommodation and toilets/ancillary space. SERVICES It is understood that all mains services are connected. OUTSIDE Concrete hard standing to the side and rear of the premises.. VIEWING Further details and viewing arrangements strictly by appointment through the sole agents, Black Grace Cowley.

3 51 Victoria Street, Douglas, Isle of Man IM1 2LD Tel: Fax: INDUSTRIAL INVESTMENT FOR SALE Unit 17 Snugborough Trading Estate Union Mills GIA: approximately 4,690 sq ft (inclusive of office and ancillary staff accommodation) There is additional mezzanine storage area providing approximately 932 sq ft Price: 590,000 exclusive DESCRIPTION An opportunity to acquire the freehold of this modern purpose built industrial investment property situated on the Snugborough Trading Estate on the western outskirts of Douglas. The estate enjoys excellent access to and from Douglas along Peel Road. The property is let to Regal Aluminium Limited at a current passing rent of 36,000 pa exclusive for a 10 year term certain, subject to upward only rent review every 3 years to Market Value. The property is leased on full repairing and insuring terms and the Directors of the Tenant Company have provided Personal Guarantees. LOCATION Travelling from Quarterbridge roundabout on the Peel Road travel over Braddan Bridge towards Union Mills where the entrance to the Estate will been seen on the right. Follow the Estate road around to the right and continue past Lifestyle Furniture Plus where Unit 17 can be found on the right hand side. ACCOMMODATION The layout of the building provides for approximately 4,690 sq ft of open plan industrial accommodation, with a further additional mezzanine storage area providing approximately 932 sq ft. Front pedestrian access door into: Offices/Reception door into; Warehouse Area: approx 4,690 sq ft These particulars, although believed to be correct, do not form part of an offer or a contract and they are not intended to form any representation of fact. Black Grace Cowley Ltd cannot accept any liability for any errors in the particulars stated, and a prospective purchaser should rely upon his own enquiries and inspection. Geoffrey P R Black BSc DipArb FRICS MCIArb Mark N Grace BSc MRICS Nicholas R Cooper FNAEA Tim Groves BA (Hons) MRICS CPEA

4 Power operated up and over roller shutter door. Full eaves height, access to the first floor mezzanine area, storage accommodation and toilets/ancillary space. SERVICES It is understood that all mains services are connected. OUTSIDE Concrete hard standing to the side and rear of the premises.. VIEWING Further details and viewing arrangements strictly by appointment through the sole agents, Black Grace Cowley.

5 51 Victoria Street, Douglas, Isle of Man IM1 2LD Tel: Fax: INDUSTRIAL INVESTMENT FOR SALE Unit 17 Snugborough Trading Estate Union Mills GIA: approximately 4,690 sq ft (inclusive of office and ancillary staff accommodation) There is additional mezzanine storage area providing approximately 932 sq ft Price: 590,000 exclusive DESCRIPTION An opportunity to acquire the freehold of this modern purpose built industrial investment property situated on the Snugborough Trading Estate on the western outskirts of Douglas. The estate enjoys excellent access to and from Douglas along Peel Road. The property is let to Regal Aluminium Limited at a current passing rent of 36,000 pa exclusive for a 10 year term certain, subject to upward only rent review every 3 years to Market Value. The property is leased on full repairing and insuring terms and the Directors of the Tenant Company have provided Personal Guarantees. LOCATION Travelling from Quarterbridge roundabout on the Peel Road travel over Braddan Bridge towards Union Mills where the entrance to the Estate will been seen on the right. Follow the Estate road around to the right and continue past Lifestyle Furniture Plus where Unit 17 can be found on the right hand side. ACCOMMODATION The layout of the building provides for approximately 4,690 sq ft of open plan industrial accommodation, with a further additional mezzanine storage area providing approximately 932 sq ft. Front pedestrian access door into: Offices/Reception door into; Warehouse Area: approx 4,690 sq ft These particulars, although believed to be correct, do not form part of an offer or a contract and they are not intended to form any representation of fact. Black Grace Cowley Ltd cannot accept any liability for any errors in the particulars stated, and a prospective purchaser should rely upon his own enquiries and inspection. Geoffrey P R Black BSc DipArb FRICS MCIArb Mark N Grace BSc MRICS Nicholas R Cooper FNAEA Tim Groves BA (Hons) MRICS CPEA

6 Power operated up and over roller shutter door. Full eaves height, access to the first floor mezzanine area, storage accommodation and toilets/ancillary space. SERVICES It is understood that all mains services are connected. OUTSIDE Concrete hard standing to the side and rear of the premises.. VIEWING Further details and viewing arrangements strictly by appointment through the sole agents, Black Grace Cowley.

7 51 Victoria Street, Douglas, Isle of Man IM1 2LD Tel: Fax: INDUSTRIAL INVESTMENT FOR SALE Unit 17 Snugborough Trading Estate Union Mills GIA: approximately 4,690 sq ft (inclusive of office and ancillary staff accommodation) There is additional mezzanine storage area providing approximately 932 sq ft Price: 590,000 exclusive DESCRIPTION An opportunity to acquire the freehold of this modern purpose built industrial investment property situated on the Snugborough Trading Estate on the western outskirts of Douglas. The estate enjoys excellent access to and from Douglas along Peel Road. The property is let to Regal Aluminium Limited at a current passing rent of 36,000 pa exclusive for a 10 year term certain, subject to upward only rent review every 3 years to Market Value. The property is leased on full repairing and insuring terms and the Directors of the Tenant Company have provided Personal Guarantees. LOCATION Travelling from Quarterbridge roundabout on the Peel Road travel over Braddan Bridge towards Union Mills where the entrance to the Estate will been seen on the right. Follow the Estate road around to the right and continue past Lifestyle Furniture Plus where Unit 17 can be found on the right hand side. ACCOMMODATION The layout of the building provides for approximately 4,690 sq ft of open plan industrial accommodation, with a further additional mezzanine storage area providing approximately 932 sq ft. Front pedestrian access door into: Offices/Reception door into; Warehouse Area: approx 4,690 sq ft These particulars, although believed to be correct, do not form part of an offer or a contract and they are not intended to form any representation of fact. Black Grace Cowley Ltd cannot accept any liability for any errors in the particulars stated, and a prospective purchaser should rely upon his own enquiries and inspection. Geoffrey P R Black BSc DipArb FRICS MCIArb Mark N Grace BSc MRICS Nicholas R Cooper FNAEA Tim Groves BA (Hons) MRICS CPEA

8 Power operated up and over roller shutter door. Full eaves height, access to the first floor mezzanine area, storage accommodation and toilets/ancillary space. SERVICES It is understood that all mains services are connected. OUTSIDE Concrete hard standing to the side and rear of the premises.. VIEWING Further details and viewing arrangements strictly by appointment through the sole agents, Black Grace Cowley.

Unit 26C Spring Valley Industrial Estate Douglas. Area: Approx 5,758 sq ft. Rent: 7.10 per square foot, exclusive DESCRIPTION

51 Victoria Street, Douglas, Isle of Man IM1 2LD Tel: 01624 645550 Fax: 01624 645556 info@blackgracecowley.com Unit 26C Spring Valley Industrial Estate Douglas Area: Approx 5,758 sq ft Rent: 7.10 per square