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1 Summerhill 1 Summerhill 1 Summerhill 1 Summerhill 1 Summerhill
For Sale

£735,000

1 Summerhill

Douglas, IM2

For Sale

Ref: 1802

1 Summerhill

For Sale

£735,000

Property Features

  • Outstanding Hospitality Establishment
  • 3 Apartments 2 Suites 2 Luxury Rooms 3 Deluxe Rooms
  • Superior Quality Internal Specification and Furnishings
  • Versatile Expansion Opportunities For Business Growth
  • Presently Operated On Accommodation Basis Only
  • Price includes Fixtures & Fittings
  • Freehold

About this property

Description & Accommodation
Promenade House is a superior quality hospitality establishment a with strong emphasis being on the service, high specification and comfortable surroundings within the internal room decor, furnishings, facilities and ambience with a mix of three self contained Apartments Rooms 503, 506, 509 two Suites Rooms 504, 507 two Luxury Rooms 501, 510 and three Deluxe 502, 505, 508. Each apartment / rooms have free Wi-Fi, flatscreen tv, tea /coffee facilities, hairdryer, safe and toiletries.

https://www.promenadehouse.im/

The property is family owned and operated and is now offered on the market to a discerning entrepreneur with a vision for continued growth and expansion. The present owners run the business on accommodation only basis and do not offer refreshments giving the opportunity of a further service and the business is only operated from April to September each year. Therefore giving an extremely viable opportunity to increase occupancy levels and achieve growth income – 6 months additional potential what could be more attractive given that presently the owners can supply accounts showing profit capability. Please note that accounts will only given to verified interested parties on approval by the owners and through an NDA agreement.

The owners have invested considerably in both the property and business operation by updating the heating and hot water boiler systems ,CCTV and door entry systems remotely controlled via secure phone App. New roof on main building and front bays, exterior painted and new bedding / towels throughout.

Directions

Travelling from the Douglas Town centre continue along the seafront towards the North end of the Promenade passing the Regency Hotel on the left and continuing a short distance up Summerhill where the property can be found on the left hand side.

Additional Information

Tenure
Freehold
Sale by
Private Treaty
Array
(
    [electricity] => 
    [water] => 
    [heating] => 
    [broadband] => 
    [sewerage] => 
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DeanWood Estate Agents
Branch Address
Douglas Office
37 Victoria Street
Douglas
IM1 2LF
Phone Number
01624620606
Email Address
Email Now

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