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Overview
Description
The building is traditionally constructed within a small compact shopping unit with parking for customers to the front. The Shop is ideally located to cater for a number retail uses within a large residential area and any
approaches will be submitted to Douglas City Council for consideration.
Directions
Travelling along Peel Road towards Pulrose turn right over the bridge past the MEA facility continue past the golf club straight ahead and the small retail shop complex can be found on the right.
ACCOMMODATION
This is a ground floor unit entrance is from street level and the overall shop area is approx. 28’ 10” x 24’.10 “ (approx. 714.55 sq.ft.) with a rear storage area containing sink unit and cupboards. There is also a w.c. facility.Tenure
LeaseholdLease Terms
The Landlord is Douglas City Council and the Lease is based upon internal repairing terms.
· Assignment is allowed with consent, however subletting is not allowed.
· Rent Reviews are annual.
· Rental payments are invoiced quarterly with payment by direct debit.
· The lease term is 7 years.
· Building insurance is apportioned — the insurance is calculated by all buildings being under the one cover and they are divided by the square metre per property. Tenants are made aware annually of any insurance changes which are usually nominal.
Services
All mains services are connected water, electricity gas and drainage.
Rates 24/25
Douglas City Council Rates £733.44 and Treasury Rates (Water & Sewerage) £672.13
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