Pat-a-Cake, 60 Duke Street
Douglas

Commercial Buy

2,619 Sq Ft

1/3 New Listing

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£450,000

Agent Ben Quayle

01624 645575 bq@bgc.im

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Key Features

Well established / popular bakery on the main thoroughfare of Douglas City Centre for sale at £150k
Leaseback of prime located property upon completion of the business sale at £35,000 per annum
Investment property for sale upon completion of the business sale and leaseback at £450,000 reflecting a gross yield of 7.78%
Glass fronted shop with potential to convert upper floors to apartments under the Town & Country Planning (Change of Use) (Development) (No.2) Order 019 (As Amended)

Description

This impressive retail property offers a generous space of 2,619 square feet, ideal for a variety of business ventures. The location is strategically positioned to attract foot traffic, making it a prime spot for retailers looking to establish or expand their presence in this vibrant area.

The property boasts a versatile layout, allowing for flexible configurations to suit your specific needs. With ample room for displays, storage, and customer engagement, it presents an excellent opportunity for businesses seeking to create a welcoming and functional environment. The surrounding area is known for its lively atmosphere, with a mix of shops, cafes, and amenities that draw both locals and visitors alike.

Duke Street is well-connected, ensuring easy access for customers and suppliers. The property benefits from good visibility, which is crucial for retail success, and the potential for signage to enhance brand recognition.

This retail space is not just a property; it is a chance to be part of a thriving community. Whether you are an established business looking to relocate or a new venture seeking the perfect launchpad, this space on Duke Street is worth considering. Embrace the opportunity to make your mark in Douglas with this exceptional retail offering.

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