PROMINENT RETAIL UNIT TO LET
- Prominent Corner Location.
- Ground Floor & Two Upper Floors.
- Rent £60,000 per annum.
The property occupies a prominent corner location at the junction of Duke Street and Wellington Street next
to Marks & Spencer. Major multiples in the vicinity include Boots, Mountain Warehouse, Starbucks, WH Smith,
Next and River Island.
The building is approximately 10 years old and is of steel frame construction, arranged on ground and two
upper floors with a main frontage to Duke Street and return to Wellington Street. The return frontage faces
Marks & Spencer and is a short distance from the entrance to the multi-storey car park. A customer lift has
been installed in the property.
Gross Frontage 35ft 0in (10.67 m)
Return Frontage 13ft 0in (3.96 m)
Internal Width 37ft 0in (11.28 m)
Shop and Build Depth 51ft 2in (15.6 m)
Ground Floor Sales Area 1,550 sqft
First Floor Sales /Ancillary 1,591 sqft
Second Floor Ancillary 1.503 sqft
Staff kitchen and WC’s are situated on the second floor. Plans available upon request.
The property is available for a term of years to be agreed on an FR&I basis.
There will be provision for five yearly upward only rent reviews.
£60,000 per annum exclusive of rates.
The property has a rateable value of £1,172. The rate in the pound on the Isle of Man is currently 468 pence.
Therefore, the rates payable for 2022/2023 are £5,484.96.
A further annual charge is payable for water and sewerage, currently at a rate of £3,923.86 for the year.