61 Parliament Street, Ramsey, IM8 1AY

Property Description

Agent’s Comments:-
This is an opportunity to obtain a spacious commercial property with a 1200sqft shop front and two apartments which are in need of modernisation, one being a 1 bedroom and another being a 3 bedroom duplex.

As an investment property Victoria’s Fashions, Parliament Street has the potential to produce a yield in excess of 8% with three separate dwellings able to generate an income.

Ramsey enjoys excellent broadband width and is the second largest town on the Isle of Man with a population of around 8,000 people. There is a desire from a highly skilled workforce for job opportunities in Ramsey. Recent regeneration projects are giving Ramsey the facelift it richly deserves. Ramsey enjoys an excellent range of amenities including: all major banking services, health services, shops, restaurants, fitness & sports facilities. Exceptional nursery, junior, and secondary schools gaining excellent league results are right on the doorstep.

 Accommodation

GROUND FLOOR

Retail Area/ Shop (approx. 1200sqft)
The property offers a spacious ground floor which is currently fitted out as a delicatessen/bakery. The shop floor has a large number of uses and could be utilised as a bar/café/restaurant or shop subject to relevant planning permissions.

FIRST FLOOR

Apartment 1 (1 Bedroom)
Comprising:
Entrance Hall
Floors carpeted throughout.  Centre ceiling light. Carpeted stairs leading to all levels.  Built-in under stairs storage cupboard.

Living Room (approx.  17'00 x 16'00)
Situated to the front of the property. Centre ceiling light. Three large windows. Floors carpeted throughout.

Kitchen (approx.  10'00 x 5'00)
Centre Ceiling light.  Fitted with a range of base and drawer units with laminate work surfaces incorporating a one and a half bowl ceramic sink with mixer tap over.  Four ring Hotpoint ceramic hob and built-in electric oven.  Space and plumbing for a washing machine.  Space for under counter fridge. Tiled splashbacks. Tiled flooring.

SECOND FLOOR

Apartment 2 (3 Bedroom Duplex)

Living Room (approx.  17'00 x 9'4)
Situated to the front of the property. Centre ceiling light. Three large windows. Floors carpeted throughout.

Dining Room (approx.  15'00 x 6'00)
Situated to the front of the property. Centre ceiling light. Three large windows. Floors carpeted throughout.

Kitchen (approx.  10'24 x 14'00)
Centre ceiling light.  Fitted with a range of base and drawer units with laminate work surfaces incorporating a one and a half bowl ceramic sink with mixer tap over. Four ring hob and built-in electric oven. Space and plumbing for a washing machine. Space for under counter fridge.  Tiled splashbacks. Tiled flooring.

THIRD FLOOR

Landing
Centre ceiling light. Carpeted stairs to the top floor. Door into:

Bedroom 1 (approx.  14'00 x 9'00)
Dormer windows to front aspect. Centre ceiling light. Floors carpeted throughout.

Bedroom 2 (approx.  11'00 x 7'00)
Dormer windows providing distant sea views. Centre ceiling light. Floors carpeted throughout.

Bedroom 3 (approx.  9'00 x 12'00)
Centre ceiling light.  Floors carpeted throughout.

Bathroom (approx. 5.00m x 1.80m)
Fitted with WC, shower and wash hand basin.

Outside
The apartments are accessed via the rear of the property. Stairs provide access to both apartments.

Services
All main services are connected. Electric and gas fired central heating.

Rates £1,135.54    (incl. Water Rates 2017)

Directions
Travelling from the Ramsey Town Hall & Library, continue for a short distance down Parliament Street where number Victoria fashions can be found on the right hand side.

Offers All offers and negotiations through the offices of Cowley Groves & Co. Ltd.

Possession Vacant possession will be given on completion by arrangement.

Viewing Strictly by appointment through the Agents, Cowley Groves & Co. Ltd. 9 Parliament Street, Ramsey, IM8 1AS.

To make an appointment through Managing Agents Cowley Groves

Please contact our Ramsey office on 01624 812823 or email us on ramsey@cowleygroves.com

Cowley Groves are open 7 days a week.   Saturday 9.00 a.m. – 4.00 p.m.

We look forward to being of service to you

Cowley Groves Ramsey Team

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