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Overview
Description
The property comprises of a three storey mid terraced building which will have been originally constructed in the late 1800’s and subsequently converted and utilised as a Café over the ground floor and lower ground floor and this is now tenanted to the Chengdu Impressions Chinese Restaurant. There is an additional separate entrance to the first floor unit which was at one time a hairdressing salon.Accommodation
Ground Floor
Entrance Porch
Dining & Service Area approx. 877 sq. ft. NIA
Kitchen Area Approx.340 sq. ft. NIA
Disabled WC
Gents WC
Sub Total Approx. 1,217 sq. ft. NIA
Lower Ground Floor
Office Area approx. 329 sq. ft. NIA
Dry Storage Area approx. 317 sq. ft. NIA
Boiler & Laundry Area approx. 163 sq. ft. NIA
Ladies WC
Gents WC
Sub Total Approx. 1,425 sq. ft. NIA
Total Approx. Internal Area 2,642 sq. ftFirst Floor
Separate Access
Main Area approx. 626 sq.ft. NIA
Kitchen approx. 64 sq.ft. NIA
Store approx. 86 sq.ft. NIA
Ladies WC
Gents WC
Sub Total Approx Net Internal Area 779 sq. ft NIA
Total Net Internal Area approx. 3,241 sq. ft
Total Gross Area approx. 4,400 sq. ft.
Plot Area approx. 1,700 sq. ft.
Location
The property is situated adjacent to a main arterial route from the central business,
entertainment and leisure district of Loch Promenade and the predominantly residential areas of Broadway, Victoria Road and Central Promenade the property is next to the Mannin Hotel and identified by our FOR SALE board.Tenure
A new lease dated 28th May 2024 for a period of 10 years ending 24th May 2034 with a break clause after five years on the 24th May 2029 between The Administrators of the Estate of John Chadwick Deceased Landlord and DeeDee on Broadway Ltd Tenant.
The rent is £26,400 per annum Plus VAT this rent is paid annually in advance for Years 1 –2 & 3 thereafter rent reviews are every three years. A copy of the lease is available to interested parties subject to status.
The first floor unit is vacant at the present time, additional rental income can be achieved from this unit.
Services
Mains water, electricity, gas and drainage are connected.
Rates & Building Insurance
April 2024 to March 2025 Borough of Douglas £3,486.14
23/24 Treasury £2,467.82
Insurance £2,390
These would of course be apportioned.
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